India and Nepal establish energy cooperation through pipeline extension and infrastructure development.

India and Nepal have established a significant energy collaboration through a B2B framework agreement between Indian Oil Corporation and Nepal Oil Corporation. This agreement aims to enhance energy security by extending the existing petroleum pipeline to Chitwan, constructing a new pipeline from Siliguri to Jhapa, and building oil storage terminals. The initiative is designed to optimize logistics and strengthen Nepal's petroleum infrastructure, benefiting its economy and citizens.

October 03, 2024
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