Nepal Oil Corporation (NOC) has slashed fuel prices effective from Monday, September 15.
A board meeting of the NOC on Sunday decided to reduce the price of petrol by Rs 4 per liter and diesel by Rs 5 per liter.
With the latest adjustment, petrol now costs Rs 159 per liter, while diesel is priced at Rs 149 per liter.
The NOC stated that the price cut follows revised rates provided by its supplier, Indian Oil Corporation. Previously, the NOC had reduced the price of petrol by Rs 2 per liter and diesel by Re 1 per liter on August 31.