Business

NOC increases fuel prices

NOC increases fuel prices

By THT Online

File - A view of Nepal Oil Corporation Limited Central Office, in Babarmahal, Kathmandu, on January 4, 2017. Photo: Suresh Chaudhary/THT

KATHMANDU: The Nepal Oil Corporation has increased the price of petroleum products, effective from Sunday midnight. A meeting held by NOC has set the price of petrol at Rs 103 per litre, and diesel and keroscene at Rs 81 per litre. The Corporation has increased Re 1 in petrol and Rs 2 in diesel and kerosene each. The price has been increased as per the revised rates sent by Indian Oil Corporation today. This is the second time NOC has hiked the fuel prices within an interval of two weeks. Earlier, the Corporation had hiked the fuel prices on January 2.