KATHMANDU, Feb 1: The Rastriya Prajatantra Party (Prajatantrik) headed by Pashupati Shumshere Rana and the Ekikrit Rastriya Prajatantra Party (Rastrabadi) headed by Prakash Chandra Lohani are merging to form a new party on Friday. The two parties in a joint statement said they will announce the unification at a function in Kathmandu on Friday.