Nepalese Prime Minister KP Sharma Oli’s visit to China last week was not quite the blockbuster it was made out to be, given his ideological leaning towards Beijing. Instead, it reflected the healthy realism that Nepal cannot build ties with China at the expense of India.
An agreement on building oil storage depots at three locations in Nepal with Chinese assistance is expected to be signed during Nepali Prime Minister KP Oli’s visit to China next week, officials at the Ministry of Industry, Commerce and Supplies said.
People of the bordering districts in Bihar also admit the manifold increase in smuggling of petroleum products from Nepal since prices started soaring last week.
The Raxaul-Kathmandu rail link has the potential of having a ‘transformational impact’ on the region. During the just-concluded visit to Nepal, termed “historic” by Prime Minister Narendra Modi himself, he and his host, Nepalese Premier KP Sharma Oli,
Prime Minister Narendra Modi arrived in Nepal Friday for a two-day visit aiming to reset strained relations between India and its small northern neighbour.
Speedy implementation of key India-assisted projects and building trust will be among the focus areas when Prime Minister Narendra Modi travels to Nepal on Friday, a visit reflective of attempts to bring back normalcy in Indo-Nepal ties after a spell of uneasiness.
China and Nepal today said they would take forward plans to build a trans-Himalayan railway and economic corridor. This was decided at a meeting between the foreign ministers of the two countries. They also invited India to join the project.
Prime Minister Narendra Modi will be in Nepal for a two-day state visit. He will be in Kathmandu on May 11th and 12th reciprocating Khadga Prasad Oli’s interest to bolster bilateral ties between the two countries.
TPSC (India) Private Limited [TPSC(I)], a 100% Indian subsidiary of Toshiba Plant Systems & Services Corporation in Japan, a Toshiba Group Company today announced that it will expand its assembly plant of water turbines for small and medium sized hydroelectric power project.
The State Bank of India (SBI) will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities.