Why did the oil corporation lose money?

Petroleum vendors declare non-compliance with Oil Corporation's automation system ERP

12 October, Kathmandu. Nepal Ayal Corporation, which made a profit of Rs 12.87 billion in the financial year 2076/77, has suffered huge losses just a year after that. Due to paucity of funds for import from sale of fortnightly petroleum, the Corporation has started the process of withdrawal of profit from Fixed Deposit. According to … Read more

Himal Sanchar