UPDATE MAOIST ETABLISHMENT LAUNCHES ASSOCIATION OF FORMER PLA FIGHTERS Kathmandu, 27 April: : The establishment faction of the ruling party UCPN (Maoist) Friday formed an association of former Maoist combatants to match an initiative of first Vice-chairman Mohan Baidhaya. Nanda Kishore Pun has been appointed coordinator. Chairman Prachanda and Prime Minister Baburam Bhattarai Friday attended the launch. Nnnn UPDATE IOC WAIVES OFF ADDITIONAL REFINERY CHARGE Kathmandu, 27 April Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) signed a memorandum of understanding (MoU) Friday for supply of POL products to Nepal. Acting Managing Director of NOC Suresh Kumar Agrawal and Commercial General Manager of IOC R Karandikar signed the MoU valid until 31March 2017. India has waived 2.5 percent additional refinery charge. Nepal will save around Rs 2 billion annually," NOC said. “IOC has also agreed to provide assistance for the development and maintenance of NOC depots,” the statement added. nnnn