IOC to supply 1 MT fuel to Nepal for 5 yrs
Monday, March 27, 2017, 7:56 PM
State-owned IOC signed an agreement to supply about 1-million tonnes of fuel annually to Nepal for next five-years. IOC Chairman B Ashok said IOC will supply 1.3-million tonnes of petroleum products to Nepal every year under the pact. India started supply of fuel and LPG to Nepal Oil Corp in 1974 when the first supply Agreement was signed. Thereafter, the agreement was renewed periodically.