JOIN USIn a move to deepen economic ties with Nepal, India on Monday agreed to build a pipeline from Bihar to Kathmandu for supply of petrol, diesel and ATF.
Prime Minister Modi on Sunday signalled India's willingness to build the Rs 200-crore pipeline to supply fuel during his visit to Himalayan nation, the first by an Indian Prime Minister in 17 years.
“The Nepalese side requested and the Indian side agreed to take up the project for the construction of Raxaul (in Bihar) to Amlekhgunj (in Nepal) petroleum pipeline in the first phase and extend it to Kathmandu in the next phase to facilitate the transport of petroleum products,” a joint press statement said.
Nepal is dependent on India for meeting all of its fuel requirement. Petrol, diesel, domestic LPG and jet fuel are currently trucked from IOC depot at Raxaul in Bihar to Nepal.