AGP Executive Report
Last update: 8 hours agoFuel & Aviation Costs: Nepal Oil Corporation cut petrol by Rs 20/litre, diesel & kerosene by Rs 30/litre, domestic aviation fuel by Rs 40/litre, and LPG by Rs 100 per cylinder, with new rates effective from July 1; Drug Supply: Nepal’s Drug Management Department plans a minimum stock system to curb recurring shortages, including “orphan drugs” for rare diseases; Road & Connectivity: Nagdhunga–Muglin road expansion is losing pace as monsoon starts, with two sections still under 50% progress; Power Reliability: MoEWRI says it has extra manpower and equipment ready for monsoon disruptions, prioritizing transformer and breaker upgrades; Energy Infrastructure (Private Sector): Nepal’s first private-sector 220 kV transmission line (Markichok–Bharatpur) is completed in 19 months, showing a public-private push for faster grid buildout; Food & Agriculture: Bird flu is spreading in Kavrepalanchok and Valley farms, but culling is slowed by labour shortages; Industry & Exports: Nepali leather footwear firms like PG Shoes are scaling up and eyeing exports; Trade Link: Nepal tea factories resumed after India eased testing rules, clearing export backlogs; Governance & Markets: SEBON got a new chair after a two-month vacancy, aiming to unblock pending IPO approvals.
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