KATHMANDU, April 15: Nepal Oil Corporation (NOC) has reduced the prices of petrol, diesel and kerosene each by Rs 3 per liter, effective from Wednesday midnight.
According to the NOC officials, the state-owned oil monopoly decided to reduce the petroleum prices in the line of new revised rates sent by Indian Oil Corporation, the sole supplier of petroleum products to Nepal.
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At the new prices, petrol now costs Rs 160 per liter in the Kathmandu Valley, Pokhara and Dipayal. Likewise, diesel and kerosene cost Rs 146 per liter in these locations.