KATHMANDU: The Nepal Oil Corporation (NOC) has announced an increase in petrol prices while lowering the prices of diesel and kerosene.
As per a decision by the Corporation’s board, the price of petrol has been hiked by two rupees per liter, while diesel and kerosene prices have been reduced by two rupees per liter, effective from midnight.
The updated prices are NPR 159.50 per liter for first-category petrol, NPR 161 for second-category petrol, and NPR 162 for third-category petrol.
For diesel and kerosene, the new prices are NPR 148.50 per liter for first-category, NPR 150 for second-category, and NPR 151 for third-category.
First-category distribution points include areas like Charali, Biratnagar, Janakpur, Amlekhganj, Bhalbari, Nepalganj, Dhangadhi, and Birgunj.
Second-category locations are Surkhet and Dang, while third-category areas include Kathmandu, Pokhara, and Dipayal.
The new retail prices will be applicable to depots within 15 kilometers of distribution points.
This price adjustment comes after a revision in purchase prices from the Indian Oil Corporation, with petrol rising by NPR 2.28 per liter and diesel dropping by NPR 1.48 per liter.
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