Kathmandu, March 17
The government-run fuel distribution monopoly, Nepal Oil Corporation, has increased fuel prices yet again, making the prices of petrol, diesel and kerosene all-time high.
As per the statement made by the corporation on Wednesday evening, the following changes have been made to the new price:
|Product||Previous price||New price|
|Petrol||Rs 150/litre||Rs 155/litre|
|Diesel/Kerosene||Rs 133/litre||Rs 128/litre|
Previous to this, in the first week of March, the corporation had announced an increase in the fuel prices, making them at an all-time high.
The corporation has not increased the price of cooking gas now, but it says it incurs a heavy loss in the sale of petrol, diesel and LP gas.
With the fuel prices going up continuously every fortnight, there are concerns over its impact on various sectors of the economy whereas experts say the country needs to find alternatives soon.