The recent price hike in high speed diesel (HSD) for bulk buyers will is not likely to affect the Telangana State Road Transport Corporation’s bus services , according to officials.
There were concerns that to offset potential losses on account of a price increase, the TSRTC could explore the possibility of reducing bus services. However, officials said that this will not be the case.
As was reported in these columns, the transport juggernaut, which previously enjoyed HSD prices lower in retail market, was facing a steep hike to the tune of approximately ₹7 per litre. In an unusual move, the TSRTC constituted committees comprising its officers to identify retail fuel suppliers in close proximity to its depots, and enter into agreements with them so that its buses could be topped up.