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Kathmandu, Nepal, March 3, 2023: Nepal Oil Corporation (NOC), the state owned petroleum product monopoly of the country, has reduced the prices of diesel, kerosene and aviation fuel by Rs 10 per litre while petrol's price is reduced by Rs 3 per litre.
Issuing a press release, the NOC has stated on Monday that the reduced price will be effective from Tuesday midnight.
A meeting of the NOC board of directors held on Monday decided to cut the price of petroleum products after Indian Oil Corporation (IOC) lowered the price.
With the slash in price, petrol will cost Rs 175 per litre while diesel and kerosene will cost Rs 165 per litre. Likewise, the price of aviation fuel for the internal flight is Rs 160 per litre.
