NOC set to propose economical offer - The Nepal Oil Corporation - TopicsExpress

NOC set to propose economical offer - The Nepal Oil Corporation (NOC) is set to offer the Indian Oil Corporation (IOC) to construct the proposed pipeline along the alignment of Pathlaiya-Raxaul Highway which the state oil monopoly believes is the most cost efficient of all the available options. “The route is estimated to be 38 km long as compared to 41 km along any other alternative routes,” said a high-evel NOC official, talking of the proposal’s final draft. The government will be much relieved in terms of compensation costs if this route is considered, according to the official. “The government will have almost no liability for paying the compensation amount.” Of the two other alternatives, one that runs through Pathlaiya-Raxaul Highway, which also incorporates agricultural land, is said to be 26 km long and 10 metre wide. Considering this option for the project would cost an estimated Rs 1.60 billion ...

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