Birat Petro seeks permission to sell petrol for Rs. 155 per litre

Kathmandu February 22- Birat Petroleum Pvt Ltd has sought approval from Department of Commerce to sell petrol in the retail market at Rs 155 a litre in the Kathmandu Valley which is 56 per cent higher than the market rate. BPPL, which had imported five tankers  around 97,000 litres  of petrol in January, and had set the price of petrol at Rs 190 per litre during the fuel crisis, has imported a similar quantity of fuel at present.

It has sought DoC’s approval to sell petrol in the retail market in the Kathmandu Valley through dealers of Nepal Oil Corporation. As all the fuel stations in the country are authorised dealers of NOC, BPPL needs the government’s permission to sell its product in the retail market.

Earlier too, it had sold its product in the retail market through NOC’s dealers after receiving permission from DoC. The government at that time had allowed BPPL to sell petrol in retail market due to the fuel crisis in the country. But this time around, DoC has not yet decided on allowing BPPL to sell its product in the retail market.