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Power Supply

             
  • NEA: 9212 MWh
  • Private Sector: 6015 MWh
  • India: 10978 MWh
  • Tripping: 0 MWh
  • Demand : 26205 MWh
  • Soure : NEA

Petroleum

NOC revises petro-price

Nepal Oil Corporation (NOC) on Sunday has revised downward prices of petroleum products effective from Sunday midnight. The state-owned petroleum monopolist decided to lower the price of petrol, diesel and kerosene by Rs 2 per liter. With the fresh reduction, petrol will be available for Rs 108 per liter whereas…


VAT refund privilege scrapped for commercial users of cooking gas, diesel

The government is scrapping the value added tax refund privilege for commercial users of cooking gas and diesel from the next fiscal year beginning mid-July. In nearly two decades since the value added tax (VAT) was implemented, the government has refunded Rs54 billion from the taxes collected as VAT to…


Fuel trade with India via pipeline soon

A high-level meeting between officials of Nepal Oil Corporation and Indian Oil Corporation will be held in the first week of July to set the date for official commencement of the cross-border petroleum project. As the pipe-laying process of the much-hyped Motihari-Amlekhgunj oil pipeline project has been completed, the two…


Petroleum supply in eastern Nepal affected by software glitch in India’s online entry system

Petroleum supply in four districts of Eastern Nepal has been affected for over a week after the Indian authority failed to issue customs clearance, citing problems with their move to an online entry system. According to Nepal Oil Corporation, the petroleum supply via Panitanki of India has been affected after…


Motihari-Amlekhgunj petroleum pipeline installation nears completion

Around 99 percent of the installation of petroleum pipeline along the Motihari-Amlekhgunj has been completed. Petroleum products from India will be imported to Nepal via around 78-kilometers pipeline under this Project which remains as the first cross-border project in entire South Asia. Of the total length of the pipeline, 36…


73 fuel tankers held at Indian custom, causing fuel shortage in east Nepal

Seventy-three tankers carrying petroleum products heading to Nepal have been stuck at the Panitanki custom of West Bengal, India, for the past four days, creating shortage of fuels in the eastern Nepal. The custom held the tankers citing the launch of an entry system online, said Lokmani Poudel, information officer…


Petrol, diesel prices raised

The state-owned Nepal Oil Corporation has raised prices of petrol, diesel and kerosene with effect from Friday. While petrol price has been raised by Rs 1.5 per litre, that of diesel and kerosene has been hiked by one rupee per litre each. With this adjustment, the price of petrol has…


Nepal’s gasoline consumption almost doubles in five years

Nepal’s gasoline consumption almost doubled in the last five years, leading to a yawning trade deficit besides causing environmental consequences. According to a report released by the Central Bureau of Statistics last week, Nepalis consumed 90 percent more fuel than they did five years ago. Data obtained from Nepal Oil…


Construction of cross-border petro pipeline project nears completion

Construction of the much awaited Motihari-Amlekhgunj oil pipeline is expected to be completed within the next two weeks as a majority of the pipe-laying process for the project has been completed. As per Nepal Oil Corporation (NOC), the pipe laying process along 32.6 kilometres of the total project length of…


NOC’s plan to start LPG business to end private sector’s control

At a time when domestic liquefied petroleum gas (LPG) bottlers often resort to halting the supply of gas to pressurise the government to address their demands, the recent decision of Nepal Oil Corporation (NOC)’s board to set up its own bottling plants, one each in every province, is expected to…


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