Nepal Oil Corporation Raises Fuel Prices; Petrol Hits Rs. 200 Per Liter in Kathmandu
Summary
Nepal Oil Corporation has increased the prices of petrol, diesel, kerosene, and aviation fuel effective tonight, with petrol reaching Rs. 200 per liter in Kathmandu and other major cities. Despite the hike, NOC expects to maintain significant financial losses.
Key Points
- Nepal Oil Corporation raised petrol prices by Rs. 3 per liter starting tonight.
- Diesel and kerosene prices increased by Rs. 5 per liter each.
- Petrol and diesel prices in Kathmandu, Pokhara, and Dipayal are fixed at Rs. 200 per liter.
- Nepal Oil Corporation anticipates a biweekly loss of Rs. 1.49 billion despite the price hike.
