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The Hindu
The Hindu
National
SYED MOHAMMED

FORGOTTEN HISTORY: Fuel price hike shocker for tsrtc - The Untold Story

TSRTC RTC

The Telangana State Road Transport Corporation (TSRTC) has received a crushing blow with oil marketing companies hiking fuel prices for bulk buyers, even as retail prices remain the same. This development could mean severe implications, including massive losses, for the transport corporation.

TSRTC managing director V.C. Sajjanar confirmed the development to The Hindu on Sunday. According to Mr. Sajjanar, the increase in diesel price per litre is approximately ₹7.

“This change is across the country for those who procure diesel in bulk. The increase in price is expected to affect the corporation and cause a loss between ₹35 lakh and ₹40 lakh per day,” he said.

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