NOC slashes diesel, kerosene prices, hikes petrol prices

KATHMANDU: Nepal Oil Corporation (NOC) has decreased the prices of diesel and kerosene while increasing the price of petrol.

Following a meeting of its Board of Directors, NOC decided to reduce the price of diesel and kerosene by Rs 4 per litre. Additionally, the price of petrol has been increased by Rs 1 per litre.

NOC has categorised its depots into three clusters: Charali, Biratnagar, Janakpur, Amlekhganj, Bhalbari, Nepalgunj, Dhangadhi and Birgunj fall into the first cluster; Surkhet and Dang into the second cluster; and Kathmandu, Pokhara and Dipayal into the third cluster.

Petrol prices have been set at Rs 165 per litre for the first cluster, Rs 167 per litre for the second cluster, and Rs 165 per litre for the third cluster.

Similarly, the price of diesel and kerosene has been fixed at Rs 153.5 per litre for the first cluster, Rs 155 per litre for the second cluster, and Rs 156 per litre for the third cluster.

These adjustments follow the new purchase prices received from the Indian Oil Corporation on Saturday, which include an adjustment of Rs 0.58 per litre for petrol and Rs 3.59 per litre for diesel.