NOC increases petrol and diesel prices by up to Rs2 and Rs3 per litre respectively

Kathmandu / Jan. 15: The Nepal Oil Corporation (NOC) has announced an increase in fuel prices, citing a revised tariff from its sole supplier, the Indian Oil Corporation.

Petrol prices have been raised by Rs2 per litre, while diesel and kerosene prices have increased by Rs3 per litre each. According to the NOC, the revised rates will take effect from midnight on Wednesday.

Consumers in Kathmandu will now pay Rs165 per litre for petrol and Rs156 per litre for both diesel and kerosene. The prices in Surkhet and Dang are Rs164 for petrol and Rs155 for diesel, whereas in Charali, Biratnagar, Amlekhgunj, Bhalwari, Nepalgunj, Dhangadhi, and Birgunj, petrol is priced at Rs162 and diesel at Rs153.50 per litre.

The NOC adjusts its fuel prices based on changes in rates supplied by the Indian Oil Corporation, which periodically reviews export prices for petroleum products.