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Govt working on to import fuel from China : Minister Pun

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KATHMANDU — Minister for Supplies Ganesh Man Pun said the government was working on to import fuel from China as the two neighbours had agreed for so during Prime Minister KP Sharma Oli’s China visit in May.

Speaking at a meeting of the Parliament’s Industry, Commerce and Consumer Welfare Committee today, the Minister said his Ministry had sent a proposal to import the fuel after diplomatic correspondence between the two nations to the Ministry of Foreign Affairs.

The MoS proposal, according to Pun, has pointed out that issues of taxation and transportation are yet to be settled between the two nations and diplomatic initiatives should be taken in order o settle them.

Pun informed that the government planned to import around 33 per cent of the total supply of petroleum products in Nepal from China.

Meanwhile, the parliamentary committee also held a discussion with gas bottlers and consumers, concerned government officials and Nepal Oil Corporation regarding smooth supply of liquefied petroleum products.

During the meeting, the Committee Chairperson Bhishma Raj Angdembe said the government agencies could not furnish reports about whether the Committee’s directives were implemented.

He also urged the government to ensure smooth supply of petroleum products notwithstanding various road sections are frequently obstructed during the monsoon season.

The Committee would continue discussions on Tuesday also.

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NPC urges government to seek clarification from Chinese firm

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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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