April 16: Nepal Oil Corporation (NOC) has hiked the prices of petrol, diesel and kerosene by three rupees per litre each. The new price has come into effect from April 16, the NOC said in a press statement issued on Monday.

The NOC said it decided to increase the price of petroleum products after the Indian Oil Corporation, the sole supplier of petroleum products to NOC, sent a revised list increasing the fuel prices.

As per the new price list, petrol will cost Rs 178 per litre while diesel and kerosene will be sold at Rs 161 per litre. -- RSS