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

NOC expedites petroleum storage facility construction process

CEO Tab by CEO Tab
July 4, 2024
in Prime News
0
NOC expedites petroleum storage facility construction process
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Nepal Oil Corporation (NOC) has accelerated the petroleum storage facility construction process near the Rohini River bank in Rupandehi.

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

The construction of embankment at the Rohini rivulet, the border of Omsatiya and Rohini rural municipalities, was underway and 70 per cent construction of the embankment has been completed so far, said Engineer Hiramani Khanal.

Khanal said that the embankment construction activities have been forwarded at the Rohini river by assessing the flood situation of the last 50 years.

The Rohini river flows in the north and west of the land where the NOC is constructing the storage facility. A retaining wall has been constructed on the north side while a gabion wall towards west of the site.

The NOC is constructing the new storage facility on around 14 bighas of land purchased along the Parasi-Bhairahawa road section as the storage capacity of the Bhalbari depot is less and it is near human settlements.

The new storage facility will sustain petroleum demand of Lumbini Province for 20 days. The NOC has been constructing storage depots at different places of the country to increase its storage capacity of petroleum products.

Project Coordinator Pradeep Yadav explained that storage tanks are being constructed at the cost of Rs 3 billion. Three tanks having the storage capacity of 2,100 kilolitres diesel, two tanks having the capacity to store 1,600 kilolitres of petrol, and three tanks having capacity to store 70 kilolitres of kerosene will be constructed.

After the construction of the new storage facility, the Bhalbari depot will be shifted to the banks of the Rohini rivulet. Yadav shared that the project design would be completed within mid-October. Kathmandu University is designing the project. The foundation stone of the project will be laid in November and a target has been set to complete the construction within 2083 BS.

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
Amendments needed in dozen of laws before organizing Investment Summit

Letter of intent on two projects presented in Investment Summit received

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.