The Industry, Commerce and Consumer Welfare Committee of the Legislature-Parliament has instructed Nepal Oil Corporation (NOC) to furnish all the documents related to the state-owned petroleum supply monopoly’s decision to award a contract to Birat Petroleum Company for the import of petroleum products from India amid the fuel crisis in the country.
The House committee’s meeting held at Singha Durbar, today, concluded that the petroleum products that would be imported as per the contract with Birat Petroleum Company, which was made breaching the existing laws, would be expensive and affect consumers.
After evaluating all the bids received through a global tender to supply fuel, NOC had awarded the contract to Kathmandu-based Birat Petroleum and also released Rs 200 million to the company to open a letter of credit in a bid to import fuel just before the Dashain festival. Birat had made a proposal to bring petrol and diesel from Siliguri of India and quoted Rs 199 for one litre of petrol and Rs 187 for a litre of diesel.
The committee had sought clarification from Commerce Secretary Naindra Prasad Upadhyay and Managing Director of NOC Gopal Bahadur Khadka regarding the deal with Birat Petroleum in an earlier meeting of the House panel held on Thursday.
The House committee’s meeting held at Singha Durbar, today, concluded that the petroleum products that would be imported as per the contract with Birat Petroleum Company, which was made breaching the existing laws, would be expensive and affect consumers.
After evaluating all the bids received through a global tender to supply fuel, NOC had awarded the contract to Kathmandu-based Birat Petroleum and also released Rs 200 million to the company to open a letter of credit in a bid to import fuel just before the Dashain festival. Birat had made a proposal to bring petrol and diesel from Siliguri of India and quoted Rs 199 for one litre of petrol and Rs 187 for a litre of diesel.
The committee had sought clarification from Commerce Secretary Naindra Prasad Upadhyay and Managing Director of NOC Gopal Bahadur Khadka regarding the deal with Birat Petroleum in an earlier meeting of the House panel held on Thursday.