KATHMANDU, April 10 -- Cent percent chemical fertilizers in Nepal are imported from abroad. In this situation, Nepal Oil Corporation (NOC) has prepared to operate a chemical fertilizer factory in the country. Although there has been discussion about setting up a fertilizer factory for a long time, it has not been fulfilled.

The government has been providing subsidies of more than Rs 32 billion annually on chemical fertilizers. Fertilizers worth more than Rs 40 billion are imported in Nepal. The executive director of the NOC Dr. Chandika Prasad Bhatta said they have done their homework to advance the chemical fertilizer factory as a dream project.

"The plan is to operate the factory on a PPP model," he said.

In the last fiscal year 2022...