गृहपृष्ठ ∕ Business ∕ Petro price hike to be withdrawn from midnight today Business Petro price hike to be withdrawn from midnight today KathmanduPati October 01, 2023 File Photo KATHMANDU – The Nepal Oil Corporation (NOC) has said its decision of increasing the price of petroleum products would be taken back from midnight today. NOC stated through a notice today that the decision to hike the price of petroleum products has been withdrawn to be effective from today in accordance with the directive of the government. A meeting of the Council of Ministers held today had instructed the NOC to immediately withdraw its decision of increasing the price of petroleum products, taking into consideration the imminent festivals and the interest of the general public. NOC spokesman Manoj Kumar Thakur said the decision to hike the price has been retracted and it would be adjusted from the money to be received from the price stabilization fund and the Government of Nepal. NOC on Saturday hiked the price of petrol and diesel by rupees six per litre, of kerosene by two rupees per litre and aviation fuel (both domestic and international) by eight rupees per litre. Similarly, the price of LP Gas was increased by Rs 215 per cylinder. The price of LPG had reached 2,110 per cylinder after the hike in price. Write your comments RELATED NEWS Snowfall in Dhorpatan affects life Unity among communists is present need: Dev Guruung Repair of border pillars along Nepal-India border begins from today Jeep driver die in a road accident Constitutional rights should be ensured: Madhav Nepal Three ministers allocated portfolio in Koshi Province Top Headlines NC work execution committee meeting tomorrow1 Nepal now and Nepal then2 Bird strike on flydubai aircraft not confirmed yet: Minister Kirati3 PM Dahal holds discussions with Finance Minister and NRB Governor4 PM inaugurates Pokhara Regional International Airport5 RSP convening Central Committee meeting tomorrow6 Supreme Court annuls Home Minister Lamichhane’s lawmaker post7 PM Dahal holds talks with EC officials8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector Pathao, Tootle resume ride sharing services after authorities relax lockdown What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? The Role of the Nepalese Army in Strategic Road Projects A phone call that paved the way for RAW Chief’s visit to Nepal What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki
