Monopoly Bus fare in Kathmandu

Posted by Anup Baral August 26, 2015 :

After Nepal Oil Corporation (NOC) slashed the prices of petroleum products this week, the Department of Transportation Management (DoTM) is set to reduce the transportation fare within a week. The NOC reviewed the fuel prices on Monday as their prices fell in the international market. The national oil monopoly has reduced Rs 5 per litre in petrol and Rs 6 per litre in diesel and kerosene. As per the new revised rate, petrol now costs Rs 99 per litre, and diesel and kerosene cost Rs 75 per litre. DoTM Director Basanta Adhikari said a ministerial level decision is on the way to adjust the transportation fare. “This time the fare will adjusted more scientifically,” he said. “Even the travel fare for long route will be lowered.”