Prices of fuel down

KATHMANDU, APRIL 15: The Nepal Oil Corporation (NOC) has announced a reduction in the prices of petroleum products, effective from midnight on Tuesday. The prices of petrol, diesel, and kerosene have each been reduced by NPR 3 per liter.

According to Executive Director Chandika Bhatt, the revised rates apply to all three products—petrol, diesel, and kerosene. “We request all consumers to verify the new prices while purchasing petroleum products and pay accordingly,” Bhatt added.

With the new adjustments, petrol will now cost NPR 157.50 per liter in the first pricing zone, NPR 159 in the second zone, and NPR 160 in the third. Similarly, diesel and kerosene will be priced at NPR 143.50, NPR 145, and NPR 146 per liter, respectively, for the three zones.

The corporation has categorized Charali, Biratnagar, Janakpur, Amalekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj under the first zone; Surkhet and Dang under the second; and Kathmandu, Pokhara, and Dipayal under the third.

The price adjustment comes in response to updated import rates from Indian Oil Corporation. The new import cost per liter has decreased by NPR 3.15 for petrol and NPR 2.62 for diesel, prompting a corresponding revision in local retail prices.