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NOC imposes quota system for fuel supply

Gorkha Post

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KATHMANDU — NEpal Oil Corporation has imposed a quota system in fuel after halt in fuel supply across the country due to protest from petroleum transport workers.

The NOC has asked petrol pumps to distribute five liters to two wheelers , 15 liters  to four wheelers  and 50-100 liters  to public vehicles per day.

The Federation of Nepalese National Transport Entrepreneurs Association (FNNTEA) has been protesting against the new Criminal Code for the last three days arguing that the code is against them.

They have submitted 13-point demand to the government which, among others, calls for rollback of some provisions that proposes increment in punishment for drivers for death resulting from driver’s negligence.

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As per the new Criminal Code, drivers can be sentenced to a jail term of 3 to 10 years in case of death of people in road accidents. Earlier, it was 2 to 10 years. The new code has also mandated a fine of Rs30,000 to Rs100,000 in such cases.

Normally, NOC tends to store seven days fuel backup. However, the state owned oil monopoly said that its stock had depleted because fuel has been coming from Siliguri depot only.

NOC spokesperson Birendra Kumar Goit said supplies had been affected after tanker operators refused to transport fuel.

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Economy

Govt decides to award Budhi Gandaki Hydel project to Chinese firm again

Gorkha Post

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KATHMANDU — The government has decided to award contract for the construction of the 1,200-megawatt Budhigandaki hydropower project, a national pride project, to China Gezhouba Group Corporation (CGGC) once again.

A Cabinet meeting on Friday has decided to award the contract for the project to CGGCL reverting the erstwhile Sher Bahadur Deuba government’s decision to develop the 1200MW project with internal resources.

The Cabinet meeting has directed the Energy Ministry to initiate the process to award the project to the Chinese company.

Following the government decision, the Energy Ministry will now invite the Chinese company for talks and prepare a draft of the memorandum of understanding (MoU) before signing it, according to multiple sources at the ministry.

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As per the Cabinet decision, the ministry has been asked to hold talks with the Gezhouba, prepare a proposal, and strike a deal to execute the $2.5 billion reservoir project.

Earlier on May 15, 2017, the Pushpa Kamal Dahal-led government had awarded the contract to construct the Budhigandaki project to CGGCL, juat nine days before he was to resign from the PM’s post.

The Dahal-led government had awarded the contract to CGGCL at a cost of Rs 260 billion as per a study carried out by a French company, Tractebel Engineering.

The agreement, however, invited controversy as the project was handed to the Chinese company without initiating a competitive bidding process.

The Budhi Gandaki hydel project has been touted as a key project to resolve the perennial power crisis in the country. The government has allocated Rs18 billion for compensation payments and operational expenses for this fiscal year.

The Gorkha and Dhading district administration offices are currently distributing compensation to owners of the land taken over by the project.

More than 8,000 households will be affected by the project, according to the latest report.

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