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

40% work progress Motihari-Amlekhgunj petro pipeline

CEO Tab by CEO Tab
July 13, 2023
in Prime News
0
Cross-border petroleum pipeline saves Rs 3 billion  in two years
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The second phase of the Motihari-Amlekhgunj Petroleum Pipeline project is making significant progress, with approximately 40 percent of the work completed so far, according to Binit Mani Upadhyay, head of the Madhesh Regional Office of NOC, Amlekhganj Bara.

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

Under the ongoing second phase of the Motihari-Amlekhgunj Petroleum Pipeline project, the Indian Oil Corporation (IOC) is constructing two petrol tanks with a capacity of 4,000 kiloliters each, two transmix tanks with a capacity of 250 kiloliters each, 24 fully automatic loading ways for petrol transportation – refillers, pump houses, and laboratories at the Amlekhgunj depot in Bara, as stated by Upadhyaya.

Upadhyaya also mentioned that progress has been made in the upgradation of the fire-fighting system, the OWS system for separating water and oil, and the construction of the PMCC room under the same project. Likhita Infrastructure Pvt Ltd has been awarded the contract by the NOC Madhesh Regional Office to complete the entire infrastructure construction by the end of 2023. One of the petrol tanks will be funded by the NOC, while the other will be funded by the IOC.

Furthermore, Upadhyaya highlighted the agreement between the NOC and the IOC to construct two transmix tanks for storing mixed fuel (petrol and diesel) and a firewater tank with a capacity of 3,000 kiloliters for security within the depot.

The first phase of the project, which involved the importation of diesel, was successfully completed on September 11, 2019, through the pipeline. Upon the completion of the second phase, the pipeline will also facilitate the importation of petrol and kerosene.

Upadhyaya acknowledged that due to the current lack of storage capacity, petroleum products still need to be transported via tankers. However, he expressed optimism that the project will be finalized by December this year, enabling the importation of petroleum products through the pipeline from January 2024.

Moreover, Upadhyaya emphasized the benefits of importing petroleum products through pipelines, including zero technical losses, cost savings in transportation, and a reduction in environmental pollution.

Upon the completion of the project, the diesel storage capacity at the Amlekhgunj depot will reach 24,840 kiloliters, while the petrol storage capacity will reach 16,630 kiloliters. Upadhyaya stated that in accordance with the government’s fuel storage policy of maintaining a 90-day supply, the NOC plans to construct two additional tanks with a capacity of 5,000 kiloliters each.

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
CAAN mandates two pilots on helicopter flight for VIPs

CAAN introduces new measures after helicopter crashes

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.