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NTC sponsors CAN worth 155 lakhs rupees

Cricket Association of Nepal (CAN) has signed an agreement with Government owned tele communication giant Nepal Telecom (NTC) worth rupees 15.5 million rupees (one crore 55 lakhs) during a program organized at hotel Yak and Yeti in Kathmandu on Monday.


According to the agreement, NTC will sponsor Nepali national men and women team for a period of three years. NTC will be a sole sponsor for both team. For this NTC will provide CAN with an amount of 85 lakhs (8.5 million). Out of this 8.5 million rupees CAN has to provide 25 percent to Nepali cricket players of senior team which will be provided as allowances.


Apart from this NTC will provide 70 lakhs rupees (7 million) to organize T20 format cricket tournament with a name of ‘Nepal Telecom Championship Trophy.’ This tournament will be apart from National Tournament which CAN is organizing annually. The prize money for the winner of this tournament will be 10 lakhs rupees (1 million) while runner up will get a purse of 7 lakhs rupees (0.7 million).




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