diff --git a/nemo/package_info.py b/nemo/package_info.py
index 175504df9e52..ddc8ff06e7b4 100644
--- a/nemo/package_info.py
+++ b/nemo/package_info.py
@@ -15,7 +15,7 @@
 
 MAJOR = 1
 MINOR = 5
-PATCH = 0
+PATCH = 1
 PRE_RELEASE = ''
 
 # Use the following formatting: (major, minor, patch, pre-release)