Dilip Paudel

The contributor for Republica.
news@myrepublica.com

Dedicated and trunk line tariff dispute remains unresolved

Published On: July 20, 2021 11:03 AM NPT By: Dilip Paudel

KATHMANDU, July 20: Attempts by the Nepal Electricity Authority (NEA) to resolve the tariff dispute over the use of dedicated and trunk lines have failed this time as well. Although the NEA has announced an installment plan to pay the arrears to resolve the long-standing tariff dispute between some industrialists and NEA, only two industries have applied for that. The deadline to apply was mid-July.

Import of diesel through pipeline helps NOC to save Rs 4 billion in transportation cost

Published On: July 11, 2021 11:21 AM NPT By: Dilip Paudel

KATHMANDU, July 11: The Nepal Oil Corporation (NOC) has saved around Rs 4 billion after bringing the Motihari-Amlekhgunj Petroleum Pipeline into operation.

Himalayan Reinsurance Company: Rs 1 billion ‘deal’ for operating license

Published On: June 27, 2021 02:15 PM NPT By: Dilip Paudel

KATHMANDU, June 27: Prime Minister KP Sharma Oli has been publicly saying, "I do not commit corruption, I do not even look at the face of the corrupt." But during the Oli-led government’s tenure, one after another irregularities have been made public. A recent example is the Himalayan Reinsurance Company.

Oxygen cylinder shortage worsens, hospitals gasp for air

Published On: May 7, 2021 09:13 AM NPT By: Dilip Paudel

Industrialists say if the government provides cylinders, they will supply sufficient oxygen.

Nepalis’ saving capacity declines: On average, Nepalis spend 91.1 percent of their income

Published On: March 14, 2021 12:14 PM NPT By: Dilip Paudel

KATHMANDU, Mar 14: Due to the lockdown, loss of jobs and the ongoing pandemic, the saving capacity of Nepalis has decreased.

Importing oil through pipeline saves over billion rupees for NOC

Published On: January 8, 2021 12:16 PM NPT By: Dilip Paudel

KATHMANDU, Jan 8: The Nepal Oil Corporation (NOC) has imported 100 million liters (100,000 kiloliters) diesel in a single month. After the operation of Motihari-Amlekhgunj oil pipeline, the corporation imported 100 million liters of diesel from Indian Oil Corporation (IOC) in December alone.

NOC to distribute Rs 58 million as bonus to its employees

Published On: January 4, 2021 02:10 PM NPT By: Dilip Paudel

KATHMANDU, Jan 4: Nepal Oil Corporation (NOC) is preparing to distribute a bonus amount of around Rs 60 million to its employees. The corporation has stated that it has started allocating a bonus amount of Rs 58.5 million for the last two fiscal years even though it has been allocating the amount for years. As per the provision in the Bonus Act, 2074 (Fifth Amendment), one percent of the corporation’s net profit is going to be distributed as bonus.

Paddy production increases by 70,000 metric tons

Published On: December 28, 2020 01:20 PM NPT By: Dilip Paudel

KATHMANDU, Dec 28: Paddy production in the country has increased by 70,000 metric tons due to favorable weather and timely plantation this year. Although the government was unable to provide the required chemical fertilizer at the time of paddy plantation, the production has increased, compared to the previous years.

NOC’s profit increases by 4 billion rupees despite the pandemic

Published On: December 28, 2020 11:44 AM NPT By: Dilip Paudel

KATHMANDU, Dec 28: State-owned Nepal Oil Corporation (NOC) has earned a profit of 12.87 billion rupees in the FY 2019/20, compared to a profit of 8.75 billion rupees in the FY 2018/19.

Nepal signs agreement to purchase 50,000 tons of urea fertilizer from Bangladesh

Published On: December 18, 2020 10:39 AM NPT By: Dilip Paudel

KATHMANDU, Dec 18: The government has signed an agreement with Bangladesh to purchase 50,000 metric tons of urea fertilizer. An agreement between the government companies of the two countries was signed on Thursday at the initiative of the Ministry of Agriculture and Livestock Development (MoALD).

Nepal’s agriculture lost more than 12 billion rupees during pandemic

Published On: December 6, 2020 12:42 PM NPT By: Dilip Paudel

KATHMANDU, Dec 6: A government study has shown that the pandemic has caused about Rs 12 billion losses in agriculture and livestock sector. Although the impact on the agriculture sector is relatively low, a study conducted by the National Planning Commission (NPC) found that COVID-19 has seriously impacted the agriculture and livestock sector.

Govt gears up preparation to resume pesticide residue standard tests in fruits and vegetables

Published On: December 2, 2020 02:24 PM NPT By: Dilip Paudel

A pesticide residue standard in fruits and vegetables prepared by the Department of Food Technology and Quality Control (DFTQC) is currently under consideration in the cabinet for approval.

Vegetable price skyrockets, by as much as 300 percent

Published On: October 7, 2020 12:20 PM NPT By: Dilip Paudel

KATHMANDU, Oct 7: The price of vegetables has skyrocketed with as much as 300 percent in a month.

Vishal Group also found manufacturing, supplying substandard steel bars

Published On: October 5, 2020 10:55 AM NPT By: Dilip Paudel

Latest revelations expose the business conglomerate Vishal Group’s business practices that put construction safety, human health at risk

NOC introduces one family one cylinder system to ensure smooth distribution of cooking gas

Published On: March 25, 2020 04:15 PM NPT By: Dilip Paudel

KATHMANDU, March 25: In a bid to ensure smooth distribution of Liquefied Petroleum Gas, the Nepal Oil Corporation has introduced "One family one cylinder" system.

Nepal Oil Corporation slashes price of petroleum products

Published On: February 17, 2020 08:45 PM NPT By: Dilip Paudel

KATHMANDU, Feb 17: Nepal Oil Corporation has slashed the price of petroleum products to be effective from today.

Two decades on, SEZ fails to impress investors

Published On: December 7, 2019 12:44 PM NPT By: Dilip Paudel

BHAIRAHAWA, Dec 7: The government established Special Economic Zone (SEZ) in Bhairahawa two decades ago with hopes to attract investment, increase production, and boost exports. But the investors are yet to be impressed.

Five factories exit Bhairahawa SEZ

Published On: November 21, 2019 08:58 AM NPT By: Dilip Paudel

KATHMANDU, Nov 21: Nearly half a dozen industries, which were preparing to start operations in Bhairahawa Special Economic Zone (SEZ), have decided to move out, realizing that it would be impossible to meet the criteria to export at least 60% of their total productions.

Nine journalists arrested from Singha Durbar

Published On: September 16, 2019 03:46 PM NPT By: Dilip Paudel

KATHMANDU, Sept 16:  Police have arrested nine journalists from Singha Durbar on Monday afternoon.

NOC adjusts price of petroleum products; slashes price of LPG

Published On: August 6, 2019 09:15 PM NPT By: Dilip Paudel

KATHMANDU, Aug 6: Nepal Oil Corporation (NOC) has adjusted the price of petroleum products.