KATHMANDU, Nov 16: Nepal Oil Corporation (NOC) has raised the prices of petrol by Rs 2 per liter and diesel by Rs 3 per liter, with the revised rates taking effect from Sunday.
The adjustment follows a rise in the purchase price from Indian Oil Corporation (IOC), prompting NOC to revise retail prices accordingly. According to the NOC, the Indian supplier has increased the price of petrol and diesel by Rs 2.45 and Rs 6.53 per liter, respectively.
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In the revised rates, petrol now costs Rs 161 per liter and diesel costs Rs 147 per liter in the Kathmandu Valley.
