With petroleum pipeline, Nepal saved Rs 802m in 1 year
14 September 2020
It has been one year since Nepal and India jointly inaugurated a cross-border petroleum pipeline to supply petroleum products from India to Nepal.
With the use of the new technology, Nepal saved over Rs 800M in its annual cost for the transportation of petroleum products, according to Nepal Oil Corporation.
The corporation’s central office informs transporting a litre of diesel would cost Rs 1.5 before the installation of the pipeline, but it has been saved now. Hence, in total, the corporation saved Rs 802.6M in one year including an additional saving of Rs 1.5M.
Nepal imported 534.1 million litres of diesel via the 69.2-km road during this period, the corporation’s Amalekhganj depot’s chief engineer Bharat Regmi says.
The pipeline is in operation for three days a week only currently. The corporation says the saving could double once the full-fledged operation will begin.