CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Cross-border petroleum pipeline saves Rs 3 billion in two years

CEO Tab by CEO Tab
September 10, 2021
in Prime News
0
Cross-border petroleum pipeline saves Rs 3 billion  in two years
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The operation of the Nepal-India Interstate Petroleum Pipeline has been completed for two years, resulting in the saving of Rs 3 billion.

You might also like

Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

Authorities Intensify Investigation into High-Value Stock Brokerage Firms

NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

It used to be spent in the transportation of petroleum products from India to Nepal earlier. Nepal Oil Corporation established the pipeline from Motihari, India to Amalekhgunj, Nepal, which stretches in 79 km distance.

It was established with the assistance of the Indian Oil Corporation. The petroleum product was supplied via the underground pipeline since Bhadra 2076BS. The NOC informed that with the implementation of the pipeline, it was able to save Rs 2.23 billion.

In this period of two years, NOC imported 1.61 billion liters of diesel. As much as 150,000 liters of diesel is imported daily. NOC Executive Director Surendra Pandey said NOC was able to make this saving from the transportation cost and reduced technical loss.

He further said the process was initiated with the help of the Indian Oil Corporation to import petrol and kerosene from the same pipeline. The import of diesel via pipeline has been one of the successful G2G models.

Chief of NOC at Province-2, Pradip Kumar Yadav, informed that the supply of petrol, diesel, and kerosene from the same pipeline would begin after one and half years.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

by CEO Tab
June 26, 2026
0
Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

Once dependent on electricity imports from India to meet its domestic demand, Nepal is rapidly transforming into an emerging energy exporter in South Asia. With the onset of...

Read more

Authorities Intensify Investigation into High-Value Stock Brokerage Firms

by CEO Tab
June 26, 2026
0
Authorities Intensify Investigation into High-Value Stock Brokerage Firms

Kathmandu, June 26: The Department of Money Laundering Investigation (DoMLI) and the Central Investigation Bureau (CIB) of Nepal Police have intensified investigations into stock brokerage firms handling average...

Read more

NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

by CEO Tab
June 26, 2026
0
NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

Nepal Rastra Bank (NRB) has introduced stricter provisions governing the capitalization of interest on loans extended to long-term projects during their moratorium period, aiming to strengthen risk management...

Read more

Delayed Monsoon Slows Paddy Plantation; Only 10 Percent of Rice Fields Planted Nationwide

by CEO Tab
June 26, 2026
0
Delayed Monsoon Slows Paddy Plantation; Only 10 Percent of Rice Fields Planted Nationwide

Delayed monsoon rainfall has significantly disrupted this year's paddy plantation across Nepal, with only around 10 percent of the country's cultivable rice fields planted as of Monday, raising...

Read more

Nepal Imports Nearly Rs 50 Billion Worth of Fertilizers, Yet Farmers Face Shortages During Planting Season

by CEO Tab
June 25, 2026
0
Nepal Imports Nearly Rs 50 Billion Worth of Fertilizers, Yet Farmers Face Shortages During Planting Season

Nepal imported chemical fertilizers worth nearly Rs 49.83 billion during the first 11 months of the current fiscal year, but thousands of farmers across the country continue to...

Read more
Next Post
China-Cryptocurrencies

Cryptocurrency trading, mining is illegal in the country: NRB

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.