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48 LPG industries operating without NS certification

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KATHMANDU — 48 out of the 55 Liquefied Petroleum Gas (LPG) industries operating in the country have not yet taken the Nepal Standard certification.

Although the government has made the NS certification mark mandatory to all LPG industries, these 48 companies have not heeded to the government’s regulation for safety.

The Bureau of Standards and Metrology in last December had initiated action against LPG industries operating without acquiring the NS certification. They had stated that they would acquire the certification mark within two months but have not done so yet.

Bureau Director-General Bishwa Babu Pudasaini said the number of LPG industries taking the NS certification mark from the Bureau has however increased.

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“Three LPG industries have taken the certification after campaign has begun to take action against those that have not, while 20 are in the process of taking it,” he informed.

According to him, the Bureau has asked for mandatory documentation with all LPG industries for providing the NS certificate to them.

The LPG industries that have taken NS certification so far include Manoj Gas Industry-Birgunj, Shree Krishna Gas Industry-Dhading, Saibaba Gas Industry-Dhading, Nepal Gas Industry-Balaju, Janaki Gas Industry-Nawalparasi, Metro Gas Industry-Dhading, and NL Gas Industry-Birgunj.

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Economy

NEPSE stabilises

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KATHMANDU- The Nepal Stock Exchange (Nepse) index has stabilised to some extent as compared to the first trading day on Sunday when it suffered a sharp dip.

The NEPSE index increased 0.9 points to close at 1131.73. Likewise, the sensitive index, which measures the performance of group ‘A’ stocks has also risen 0.06 points.

Over 2 million shares of a total of 156 companies were traded at more than Rs 637 million. Of the total 11 subgroups, four made gains, and the rest seven declined.

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Development bank surged 4.7 points, while non-life insurance 92.1 points, life-insurance 13.57 points and others 0.43 points.

But, banking dipped 0.27 points, while trade 1.18 points, hotel 2.04 points, hydropower 2.17 points, finance 1.82 points, production 9.21 points and microfinance 8.31 points.

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