Nepal Oil Corporation Claims Loss of Nearly 1.5 Billion Rupees in 15 Days Despite Price Adjustment
Summary
Nepal Oil Corporation reports a loss of nearly 1.5 billion rupees in 15 days despite recent price hikes in petrol and diesel to 200 rupees per liter in Kathmandu and other major cities.
Key Points
- Nepal Oil Corporation claims a loss of nearly 1.5 billion rupees every 15 days despite recent price increases.
- Petrol and diesel prices have been raised to 200 rupees per liter in major cities including Kathmandu, Pokhara, and Dipayal.
- Domestic aviation fuel prices increased by 20 rupees per liter, with international aviation fuel prices raised significantly.
- Price hikes follow increased petroleum product costs from Indian Oil Corporation, but price rises were kept minimal to protect consumers.
