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NOC slashes fuel costs

Gorkha Post




The Nepal Oil Corporation (NOC) on Thursday cut the petroleum prices to be effective from Thursday midnight.

The state-owned enterprise reduced the cost of petrol, diesel and kerosene by Rs 1 each.

After reducing the price, petrol will cost Rs 109 per liter, while kerosene and diesel will be availableat Rs 86.5 per liter.

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China supports to reconstruct Tatopati border point





KATHMANDU — The Chinese government has agreed to extend the assistance to Nepal for the projects on post-disaster recovery for Tatopani border point, the hospital recovery in Sindhupalchowk and reconstruction of Jiri Secondary School.

An agreement to this was signed and exchanged at the Ministry of Finance today, said a press statement issued by the Ministry.

Chinese government has pledged to provide Rs 48 billion grants for it.

Finance Secretary Shankar Prasad Adhikari and Chinese Ambassador to Nepal Yu Hong signed the agreements on behalf of the government of Nepal and the Chinese government respectively.

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For the resumption of the Tatopati border point, the budget would be used for renovation of building and establishment of protection measures, so that trade clearance capabilities would be improved.

Similarly, under hospital recovery project, a middle sized hospital equipped with necessary facilities having 39 beds would be constructed in Sindhupalchowk.

School reconstruction is aimed at recovering and improving school facilities and functions.

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