KATHMANDU: Nepal Oil Corporation (NOC) has reduced the price of petrol. NOC decided to cut the price of petrol by Rs 2 per liter.

According to NOC, the new rate will come into effect from Wednesday midnight.

After the adjustment, the price of petrol in the Kathmandu Valley has been fixed at Rs 159 per liter, NOC said in a press release on Wednesday.

The prices of diesel, kerosene, and aviation fuel remain unchanged.