Business News
Home > Business News
India-Nepal oil pipeline to open next month
TIWN
TIWN

PHOTO : TIWN
Kathmandu, July 21 (TIWN) The Motihari-Amlekhgunj oil pipeline project will start commercial operation by August following virtual inauguration of the Nepal-India bilateral project by executive heads of the two countries, the Himalayan Times reported on Friday.
According to the report, Nepal will officially start fuel trade with India via the pipeline after its virtual launch by Prime Minister K.P. Sharma Oli and his Indian counterpart Narendra Modi. The Ministry of Foreign Affairs (MoFA) and Nepal Oil Corporation (NOC) confirmed that groundwork on for the inauguration in the first week of August, said the Himalayan Times report.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research