NOC decides not to reduce fuel price despite reduction of price by India
KATHMANDU, Aug 3: The Nepal Oil Corporation (NOC) has decided not to reduce the fuel price despite reduction of the price by India.
Stating that the corporation is already suffering from loss, it has decided not to reduce the price, according to the sources.
As per the price list of the Indian Oil Corporation (IOC) unveiled on August 1, the price of petrol has been reduced by Rs 16.80 per liter and diesel by Rs 12.45 per liter.
Likewise, as per the price list unveiled by IOC on July 15, the price of petrol and diesel were deducted by Rs 15.76 and Rs 16.56 per liter respectively.