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NOC hikes prices of petro products by Rs 2 per litre

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KATHMANDU — Nepal Oil Corporation has hiked the prices of petroleum products by Rs 2 per litre in petrol, diesel, kerosene effective from Wednesday midnight, official at the NOC said.

The state-owned monopoly , however, has not increased the price of Liquefied Petroleum Gas (LPG).

According to the new revised rate, the petrol will cost now Rs 110 per litre and diesel and kerosene will cost Rs 92.

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However, petrol will cost Rs 109.50 in Dang and Pokhara respectively, likewise, petrol will cost Rs 108.50 per litre all over Nepal except in aforementioned locations.

Similarly, diesel and kerosene will each cost Rs 92 per litre within 15-kilometre distance in Kathmandu Valley and Rs 91.50 per litre in Dang and Pokhara respectively.

The price has been hiked as per the revised rates sent by the Indian Oil Corporation, according to NOC.

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Economy

Sugarcane being exported to India from Mahakali

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BHIMDUTTANAGAR- Sugarcane farmers of Mahakali Municipality in Kanchanpur have started getting relatively better price of their products in the Indian market than in the local market.

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“Farmers of Dodhara Chandani sell sugarcane in India as its selling price is relatively higher in Indian market”, said Puran Bahadur Chadaro, a local sugarcane entrepreneur.

Sugarcane is being sold out in Indian market at Indian Currency 400 (RS 640) per kg while it is only Rs 400 in Nepali market.

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