As of today, in September 2023, the current diesel price in Nepal is 169 Nepalese Rupees per litre. The new diesel price in Nepal came into effect on 31 August 2023. Diesel prices differ for Zone 1, Zone 2 and Zone 3, where diesel costs Rs 167.50, Rs 169, and Rs 170, respectively.
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NEPAL DIESEL PRICES, LITRE, NEPALESE RUPEE
Nepal Oil Corporation determines Nepal diesel prices which are subject to change depending on market conditions and Indian Oil Corporation pricing. In recent years, there has been a consistent rise in the price of diesel due to fluctuations in the global petroleum market.
This fuel price increase has affected the country’s transportation and logistics sector, increasing the cost of goods and services. The Nepal diesel price is predicted to continue to rise in the coming years, with experts forecasting the price to reach 200 Nepalese Rupees per litre by 2024. The rise in fuel prices in Nepal has prompted the government to explore alternative energy sources to lessen dependence on diesel and other fossil fuels.
TODAY DIESEL PRICE IN NEPAL
Today, diesel price in Nepal is at NPR 169 per litre. As economic activities have gradually returned to normal after months of COVID-19-related restrictions, the demand for diesel has slowly increased. This has led the price of diesel to fluctuate as suppliers attempt to balance supply and demand.
The current price of diesel in Nepal remains subject to change based on market trends and geopolitical developments that may affect Nepal’s supply chain. Despite this, diesel remains an essential fuel for industries and individuals across Nepal who rely on it for running generators, transport vehicles, and machinery. Ultimately, the price of diesel in Nepal plays a significant role in Nepali citizens’ economy and daily life.
The latest data on diesel price in Nepal is updated on 2080 Bhadra 14.
The recent petroleum price has been subdivided into three Zones.
- Zone 1: Chaarali, Biratnagar, Janakpur, Birgunj, Amlekhgunj, Bhalbari, Nepalgunj and Dhangadi.
- Zone 2: Surkhet and Dang.
- Zone 3: Kathmandu, Pokhara and Dipayal
|Diesel Price by Zones||Quantity||Price in Rupees|
|Zone 1||1 litre||Rs 167.50|
|Zone 2||1 litre||Rs 169|
|Zone 3||1 litre||Rs 170|
Fuel price updated by 2080/05/14 by Nepal Oil Corporation
DIESEL PRICE IN KATHMANDU
The diesel price in Kathmandu is NPR 169 per liter. The cost of diesel in the capital city has increased by 3 rupees. Diesel price in Nepal has recently fluctuated due to various factors such as supply and demand, global oil prices, and government regulations. The latest hike in diesel prices in Nepal can be attributed to the increase in global crude oil prices and the Nepali government’s decision to reduce fuel subsidies.
This has burdened the common people and transportation vehicles, which heavily rely on diesel. However, the government has implemented a revised taxation system for diesel, which is expected to provide some relief to consumers. Despite the fluctuations in diesel prices, it remains an essential source of fuel for various sectors in Kathmandu, including transport, construction, and agriculture.
DIESEL PRICE IN NEPAL NOC
Nepal Oil Corporation (NOC) determines the price of diesel in Nepal. As of 2023, the current price of diesel per liter is around NPR 146. Diesel is widely used for various purposes in Nepal, including for transportation, agriculture, and industry.
The price of diesel is subject to fluctuations due to various factors, such as global crude oil prices, exchange rates, and taxes. In recent years, the NOC has been implementing a system of adjusting the price of diesel every month based on international market fluctuations. This system aims to reduce the impact of global market fluctuations on the domestic market and ensure fair pricing for consumers.
Despite the recent price adjustments, diesel remains one of the most important fuels in Nepal’s economy, and its fluctuations can significantly affect the country’s overall development.
DIESEL PRICE IN NEPAL TODAY 2023
As of today, it is known that fuel prices in Nepal fluctuate frequently, and diesel is one of the commonly used fuels in the country. The cost of diesel fuel in Nepal is usually determined by a combination of global oil prices, the value of the Nepalese rupee, taxes, and logistical expenses. If fuel prices rise in the future, Nepalese citizens could expect an impact on transportation costs and food prices, as they rely on diesel transportation for supply chain distribution.
Average Fuel Price in Nepal
|Diesel Price by places||Quantity||Price in Rupees|
|Petrol price in Nepal||1 litre||181|
|Diesel price in Nepal||1 litre||169|
|Kerosene price in Nepal||1 litre||169|
|LPG Gas price in Nepal||1 Cylinder||1895|
|Aviation price in Nepal||1 litre||136|