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Domestic airfare slashed

Gorkha Post



KATHMANDU — Private domestic airlines operators have slashed domestic airfare with effect from Monday.

The Airlines Operators Association of Nepal (AOAN) on Sunday decided to slash the fuel surcharge after Nepal Oil Corporation’s decision to reduce air tribune fuel (ATF) cost.

The airfare has gone down by a minimum of Rs 150 to the maximum of Rs 375. “We decided to reduce airfare after Nepal Oil Corporation (NOC) reduced the price of air turbine fuel (ATF),” AOAN Spokesperson Ghanshyam Acharya said.

NOC reduced ATF price by Rs 10 per liter effective from last Friday. The new airfare will be implemented from Monday.

NOC decreased aviation fuel price to domestic airlines by Rs 10 to Rs 99 per liter effective from Friday night.

Now, the fare from Kathmandu to Simara per passenger is Rs 2,650 and for Dhangadhi is Rs 10,605. The current fare for Simara from Kathmandu is Rs 2,765 and for Dhangadhi is Rs 10,990.

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NPC urges government to seek clarification from Chinese firm

Gorkha Post



KATHMANDU — The National Planning Commission (NPC) has urged the government to seek clarification from China Three Gorges International Corporation (CTGC) over the construction of the Paschim (West) Seti Hydro Power Project.

The meeting of the NPC that began on Sunday, made the decision of seeking clarification from the company with a time period of 90 days regarding the construction of 750 MW hydropower project.

The hydropower project, which is expected to be completed in an investment of 1.60 billion rupees, will have 65 percent investments from the CTGC, 25 percent from the National Electricity Authority (NEA) and the 10 percent investments from the locals as share, as per the plans made before.

CTGC can sell off its 14 percent of its total 65 percent share to the Nepali investors. But the CTGC has been showing dissatisfaction over the rate of purchasing the electricity per unit (PPA). Previously it had asked the NEA to review the rate but got a negative response.

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“We have suggested the government to interrogate the company whether it will be able to complete the project or not. What has been the problem to expedite the construction along with the terms and conditions which the company wants to put forward,” NPC Vice President Swarnim Wagle said.

The CGTC, which has been delaying the construction over its dissatisfaction over the PPA, has been threatening to walk out of the construction.

The project, which covers the area of Doti, Dadeldhura, Baitadi, and Bajhang districts of Far Western Development Region of Nepal, can produce 3.33 billion units of electricity on yearly basis, accoridng to the probability study of the project.

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