Nepal Oil Corporation (NOC) has reduced the prices of diesel, kerosene, and aviation fuel.
According to NOC Executive Director Chandika Prasad Bhatt, the new prices came into effect from midnight on Sunday. The price of diesel and kerosene has been reduced by Rs 4 per liter, while the price of domestic aviation fuel has been cut by Rs 1 per liter.
However, the prices of petrol and LPG gas remain unchanged.
Based on the latest purchase rates received from Indian Oil Corporation (IOC), the cost of diesel decreased by Rs 3.96 per liter, petrol by 21 paisa per liter, and aviation fuel by Rs 1.48 per liter, prompting NOC to adjust the market rates.
With this revision, the price of diesel in the Kathmandu Valley has been fixed at Rs 144 per liter. For international flights, the price of aviation fuel has been reduced by USD 7 per kiloliter.
Executive Director Bhatt said that the corporation has been continuously implementing the automatic pricing system with special emphasis, keeping in mind the welfare of consumers.
