The sixth meeting of the Project Steering Committee (PSC) for the implementation of the Nepal-India Cross Border Rail Link Projects was held here today
Nepal and China have proposed to ink a memorandum of understanding to have a power trade agreement during the next high-level political meeting between the two countries.
The Nepal-India cross-border oil pipeline project — Motihari-Amlekhgunj petroleum pipeline project, previously called Raxaul-Amlekhgunj oil project — has been expedited with the active participation of Indian Oil Corporation.
Lower price of petroleum products in Nepal compared to the prices in India has become a headache for Nepal Oil Corporation in areas bordering India, as this has been promoting fuel smuggling from Nepal to India.
Indian Oil Corporation (IOC) has principally agreed to provide single-point loading facility of liquefied petroleum gas (LPG) to Nepal from Muzaffarpur once it extends its LPG pipeline to the said location.
After completion of the survey, the team will submit its report to the Project Monitoring Committee led by Uttam Nagila