This will be followed by bilateral talks between the two Prime Ministers. Prime Minister Oli will be hosting a dinner in the honour of his Indian counterpart.
Prior to this, he had also met Nepal Foreign Minister Pradeep Kumar Gyawali in Kathmandu.
Earlier in the day Prime Minister Modi, who is on a two-day State visit to Nepal, was accorded with the guard of honour at the Tundikhel Army Parade Ground in Kathmandu.
The Prime Minister arrived in Kathmandu after attending the civic reception in the ancient and religious city of Janakpur.
On Saturday morning, Prime Minister Modi will be heading for Muktinath temple in Mustang District followed by prayers at Pashupatinath Temple in the capital.
After the visit to the temples, Prime Minister Modi is expected to engage with political leaders of various parties. He will attend the civic reception hosted by the mayor of Kathmandu and then depart for India on Saturday evening.
Prime Minister Modi arrived at the city of Janakpur on Friday at around 10:45 am (local time).
He was received by Prime Minister Oli after which Prime Minister Modi performed puja at the Ram Janaki Temple and flagged off the shuttle bus service linking Janakpur and Ayodhya.
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