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NOC revokes licence of 50 gas companies

Kathmandu, 21 April : The Nepal Oli Corporation (NOC) has revoked license of operation of 50 gas companies for not starting the trade as agreed and promoting improper practice.

” Since 2014, over 53 firms had obtained a license of operation from NOC but only three  came into operation among them, others simply  occupied the licenses contributing to malpractices in the market,” reads a public notice issued by NOC.

People’s News Monitoring Service

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