The Nepal Oil Corporation (NOC) has hiked the prices of petrol, diesel and kerosene effective from Wednesday, October 16.
A meeting of the NOC board of directors decided to increase the price of petrol by Re 1 per litre, and diesel and kerosene by Rs 4 per litre.
With the price adjustment, petrol will now cost Rs 156.50 per liter in the first category, Rs 158 per liter in the second category, and Rs 159 per liter in the third category.
Similarly, diesel and kerosene will cost Rs 148.50 per liter in the first category, Rs 150 per liter in the second category, and Rs 151 per liter in the third category.
The NOC has classified Charali, Biratnagar, Janakpur, Amlekhganj, Bhalwasi, Nepalgunj, Dhangadhi, and Birgunj under the first category, Surkhet, and Dang under the second category and Kathmandu, Pokhara and Dipayal depots under the third category.
Issuing a statement, the NOC said it decided to increase fuel prices based on the revised price list of petroleum products received from its sole supplier – the Indian Oil Corporation.