• NEA : 10038 MWh
  • Subsidiary Company : 12875 MWh
  • Private Sector : 17311 MWh
  • Import : 662 MWh
  • Tripping : 55 MWh
  • Energy Demand : 40942 MWh
  • NEA : 00 MW
  • Subsidiary Company : 00 MW
  • Private Sector : 00 MW
  • Import : 00 MW
  • Tripping : 00 MW
  • Peak Demand : 1885 MW
×
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PETROLEUM

Government to provide Rs 7 billion loan to NOC

  • 18 July, 2022

The government has decided to provide a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to make the supply of petroleum products smooth.  A meeting of the Council of Ministers on July 15 decided to provide the amount to NOC– the state-owned petroleum importer and supplier– to...

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Nepal spent over Rs 340 billion to import petroleum products in first 11 months of current FY

  • 23 June, 2022

Nepal imported petroleum products worth over Rs 340 billion in the first 11 months of the current fiscal year. According to the Department of Customs (DoC), Nepal imported 1.60 million kiloliters of diesel worth Rs 145.21 billion during mid-July 2021 and mid-June 2022. Likewise, the country spent...

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Fuel prices up, again

  • 22 May, 2022

The Nepal Oil Corporation on Sunday hiked the prices of all petroleum products, a week after the last increment. The new rates will come into effect on Monday. With the revised rate, the price of petrol will cost Rs180 per litre, from the earlier Rs170. Despite the hike, the state-owned fuel...

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Election campaign drives up fuel consumption by 40%

  • 11 May, 2022

Consumption of petroleum products has increased significantly with the expansion in election activities across the country. According to Binitmani Upadhyay, spokesperson for Nepal Oil Corporation (NOC), consumption of diesel and petrol has gone up by about 40 per cent for the last one week due to...

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NOC Faces Staggering Monthly Loss Of Rs 4.5 Billion

  • 2 February, 2022

The state-owned Nepal Oil Corporation is currently facing a record-high loss with the rise in the price of petroleum products at international market.  NOC’s estimated loss has not been levelled up despite price adjustment of petro products at domestic market. ‘Continuous price h...

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NOC reeling through deepening financial problem due to increasing losses in petroleum business

  • 4 January, 2022

Nepal Oil Corporation (NOC) has said that it is finding cash strapped every successive month as a result of accumulated loss due to surging prices of petroleum products in the international market.   NOC Managing Director Surendra Prasad Paudel said the government enterprise is facing a...

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Rs 3 Billion Saved In Two Years Of Interstate Petroleum Pipeline

  • 10 September, 2021

Kathmandu: The operation of the Nepal-India Interstate Petroleum Pipeline has been completed for two years, resulting in the saving of Rs 3 billion. It used to be spent in the transportation of petroleum products from India to Nepal earlier.     Nepal Oil Corporation establish...

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NOC to spend Rs 6 billion in infrastructure development including fuel storage facility, pipeline and depots upgradation

  • 31 August, 2021

KATHMANDU: The Nepal Oil Corporation (NOC) will spend around Rs 6 billion on infrastructure development.  The state-owned utility has given priority to infrastructure including fuel storage, pipeline and upgrading of depots in the annual budget of the current fiscal year 2021/22. The corpora...

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Why fuel prices have been rising and rising in Nepal

  • 22 April, 2021

Gasoline prices have been going up and up. In the past one year, petrol has become dearer by Rs25 per litre in the Kathmandu Valley, surging from Rs96 to Rs121 per litre. Diesel and kerosene now cost Rs104 per litre, increasing by Rs19 from Rs93 per litre a year ago. Despite the increased amount...

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Petroleum products costlier by over 20 percent in last one year

  • 6 April, 2021

KATHMANDU: Prices of petrol and diesel in Nepal surged more than 20 percent in the past one year with Nepal Oil Corporation (NOC) hiking the fuel prices again on Sunday midnight. In its new move, NOC has raised the prices of petrol and diesel each by Rs 2 per liter to Rs 120 per liter and Rs...

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Editor: Laxman Biyogi

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