IOC – Raxual to Kathmandu Fuel Pipeline – Nepal - Project Profile
"IOC – Raxual to Kathmandu Fuel Pipeline – Nepal - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Indian Oil Corporation Ltd (IOC) is planning to undertake the construction of the fuel pipeline between India and Nepal.
The project involves the construction of a pipeline to transport Petrol, diesel, domestic LPG and jet fuel (ATF) from a gas station in Raxaul to Kathmandu. The project will be implemented in two phases.
The first phase involves the construction of 41km pipeline from Raxaul to Amlekhgunj. Second phase includes the construction of a pipeline from Amlekhgunj to Kathmandu.
It includes the construction of a pumping station, valve stations, storage terminals and other related facilities and the installation of power related facilities.
IOC plans to shift its depot from Raxaul to Motihari. IOC will extend the pipeline to Motihari from Raxaul at its own expense.
Project expected to secure US$48 million financing from IOC and US$18 million from NOC.
In the third quarter of 2014, a preliminary process was initiated by the Nepal government in collaboration with Inidan government to revive the project.
In April 2015, the Ministry has sent a draft of Memorandum of Understanding on assistance to be signed between the two countries for the construction of pipeline.
On August 12, 2015, Cabinet approved the Memorandum of Understanding (MoU) between India and Nepal for construction of the project. As per the MoU signed between IOC and NOC, IOC will have to oversee construction of the pipeline as well re-engineering of the Amlekhgunj Depot and allied facilities.
On August 24, 2015, Nepal and India have signed the MoU to construct the 41km pipeline from Raxaul to Amlekhgunj.
On June 7, 2016, IOC decided to speed up works with an agreement to start a detailed technical survey, land acquisition and tender process by July 2016.
Subject to the finalization of import agreement with Nepal, construction works are expected commence.
The project involves the construction of a pipeline from Raxaul in Bihar to Kathmandu in Nepal through Amlekhgunj (Nepal).