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KMC to construct 8 new over-head bridges

Gorkha Post

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KATHMANDU — The Kathmandu Metropolitan City (KMC) is all set to construct eight new over-head bridges at different locations in Kathmandu valley to ease traffic congestions.

The metropolitan is coordinating with the Traffic Police and the Department of Road for the construction of the bridges, according to KMC’s Physical Infrastructures Division Chief Ram Bahadur Thapa.

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The construction of the modern and new types of overhead bridges is expected to ease traffic congestions and reduce the number of road accidents.

The over-head bridges will be built in Teku Bhansar, Tripurashwor, Maitighar, Babar Mahal (Kathmandu District Court), Putalisadak, Maharajgunj, Koteshwor and Gausha, Thapa added.

The KMC has allocated Rs 120 million budget to construct new bridges in the valley.

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Economy

NOC hikes fuel prices

Gorkha Post

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KATHMANDU — Nepal Oil Corporation has jacked up the prices of petrol, diesel, kerosene and aviation turbine fuel with effect from Monday.

The state-owned monopoly has decided to increase Rs 1 per litre in petrol while it has increased diesel and kerosene prices by Rs 2 a litre, respectively. Likewise, price of ATF has been raised by Rs 4.5 a litre.

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Petrol will now cost Rs 111 per litre while diesel and kerosene will cost Rs 95 a litr and ATF will cost Rs 104.5 a litre.

The NOC, however, has not increased the price of Liquefied Petroleum Gas (LPG).

Even with this adjustment, NOC will still incur fortnightly loss of Rs 70 million, as per Birendra Goit, spokesperson for NOC.

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