NOC slashes prices of petroleum products

Nepal Oil Corporation (NOC) slashed the prices of petroleum products on Thursday.

The NOC decided to cut Rs 10 per litre in petrol, diesel and kerosene.

According to the new revised rate, the price of petrol will be Rs 170 per liter. Earlier,  the price of petrol was Rs 180 per liter.

Similarly, the price of kerosene and diesel will be Rs 163 per litre each. Earlier, the price of diesel and kerosene was Rs 173 per liter each.

The state-owned oil monopoly, however, has not reduced the price of Liquefied Petroleum Gas (LPG).

The revised fuel price will come into effect from today midnight.

 

Indian national dies of altitude sickness in Mustang

An Indian national died of altitude sickness in Mustang.

According to the District Police Office, Mustang, the deceased has been identified as KVM Patth Sarathi (74) of Tamil Nadu, India.

Sarathi was rushed to the Jomsom Hospital after he experienced respiratory problems while staying at the hotel but breathed his last during the course of treatment, Gopi Krishna Subedi, Information Officer at the District Police Office, Mustang said.

A group of 17 people from India had reached Mustang to offer prayers at Muktinath Temple.

The body has been kept at the Jomsom Hospital.

 

Power production exceeds demand, NEA starts supply to India

With increased power output, the Nepal Electricity Authority has begun exporting surplus power to India.

The current peak demand for electricity in the country is 1,643 megawatt. Peak demand describes the periods when the electricity use reaches the highest and the demand normally remains high in morning and evening hours and the demand goes down during day and night hours.

When there is oversupply, the electricity goes to waste and to deal with the situation Nepal Electricity Authority (NEA) has started selling surplus power to India.

According to NEA executive director Kulman Ghising, two hydropower projects based in Nuwakot have been supplying 39 megawatt of electricity to India since Wednesday midnight. The projects had supplied power to India last year too.

Currently, water level in Nepal's rivers has significantly increased and it was due to timely rains.

As the NEA said, the projects supplying the surplus production to India are 24 MW Trishuli Hydropower and the 15 MW Devighat Project.

The total power production in Nepal at the time is 2,300 MW and some projects are likely to come into operation by the end of the current fiscal year.

According to NEA Spokesperson, in the competitive energy exchange market of India, Nepal exports and imports electricity on the basis of blocks that are fixed every 15 minutes. The price of each block also varies being based on the demand.

Now demand for electricity is excessively high in India following a significant temperature rise there and the ceiling price of the purchase and sale of electricity is IRs 12 (Rs 19.20) per unit.

Tara Air’s Pokhara-Jomsom flights halted for a week

Tara Air has halted its Pokhara-Jomsom-Pokhara flights for a week.

Tara Air halted the flights after the 9N-AET Canadian-made DHC-6-300 Twin Otter plane crashed at Sanosware in Mustang district on Monday, killing 22 persons including three crew members. Senior pilot Prabhakar Ghimire was one of the crew members who was killed in the incident.

Also Read: Nepal plane crash: All 19 passengers, crew dead, officials confirm

Issuing a statement on Thursday, Tara Air spokesperson said that the regular flights have been halted from June 2 to 10 due to special reasons.

Also Read: Nepal Tara Air plane crash: Black box recovered