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Muglin-Narayangadh road section deadline extended

Gorkha Post

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CHITWAN — The deadline for the construction of Muglin-Narayangadh road section has been extended by three months.

The Department of Road on Wednesday approved the request of the construction company to extend the deadline.

According to, engineer of Narayangarh-Muglin Road Project Shiva Khana, the deadline for first section is till May 10 while the deadline for second section is May 20. Likewise, the third section has got the deadline of May 30, 2018.

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Khanal said that the construction companies were lobbying for extension of the construction deadline for another 1000 days citing they were not getting time to work for different reasons but extended only for maximum three months.

The construction company was awarded the construction work in April 2015 to complete the project in 24 months. However, the deadline was extended citing earthquake, India’s blockade and flooding for two consecutive years.

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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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