Wednesday, 29 November 2023 05:10 AM
OR
Login using
NOC reverses petroleum price hike
Published On: October 1, 2023 03:00 PM NPT By: Republica | @RepublicaNepal
KATHMANDU, Oct 1: The Nepal Oil Corporation (NOC) has rescinded its recent hike in petroleum product prices. NOC announced that the previous pricing structure will be reinstated starting tonight.
This decision follows a directive from Prime Minister Pushpa Kamal Dahal on Sunday, instructing NOC to revert to the previous prices.
Consequently, NOC has rolled back the price increase by utilizing funds from the price stabilization fund and the contribution received from the Government of Nepal. This adjustment ensures that the automatic pricing system remains unaltered and will come into effect at 12 PM today.
You May Like This
Nepal sees mixed fuel price shift: Petrol up by Rs 8.5/l, diesel Rs 7.5/l, LPG drops by Rs 100/cylinder
KATHMANDU, Aug 1: The Nepal Oil Corporation (NOC) reported a rise in the prices of petroleum products imported from India... Read More...
NOC slashes price of petroleum products
KATHMANDU, July 4: Nepal Oil Corporation (NOC) has reduced the price of petroleum products effective from Monday midnight. The price... Read More...
Price of petroleum products increased
KATHMANDU, Feb 7: The Nepal Oil Corporation has increased the price of petroleum products including diesel, petrol and kerosene. ... Read More...
Just In
- NRB tightens the screws on hire-purchase companies
- COP-28 should deliver loss and damage fund to the climate victims: ActionAid
- National Assembly panel points out lack of coordination among three tiers of govt in quake-hit zone
- Minister Basnet calls for tackling issue of migration
- Nepse loses 2.17 points, daily turnover drops to Rs 1.28 billion
- Over 1,000 new mothers living under tarpaulins as Jajarkot suffers from earthquake aftermath
- Land acquisition process begins to expand Jumla Airport
- CIAA arrests sub-inspector for asking bribe from service recipient
Leave A Comment