The government on Monday have announced yet another hike in the price of petroleum products, with effect from midnight."According to the new price list, kerosene and diesel will be dearer by Rs 9.48 and Rs 5.02 per litre respectively," a press release issued by the Nepal Oil Corporation (NOC) said.
Similarly, the rate of LP gas has been increased to Rs 1,250 per cylinder from Rs 1100. However, LP gas will cost 20 rupees cheaper in some Terai parts.
The price of air turbine fuel (ATF) and petrol will, however, remain the same.
As per the revised rate, diesel will now cost Rs 61 and 30 paisa and kerosene Rs 61 per litre.
An official at the NOC said that the rate of diesel and kerosene has been made equal following complaints of adulteration in diesel.
Students and people from lower income bracket will get fixed amount of subsidy on purchase of the petroleum products.
The NOC had hiked the price of petrol just four weeks earlier, citing its burgeoning losses and growing costs in the international market.
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