After earning a revenue of over Rs 1.2 crore within two months through cargo and parcel services, the cash-strapped Telangana State Road Transport Corporation (TSRTC) is now planning to rake in another Rs 20.6 lakh per month by setting up fuel outlets which will be run with the help of RTC employees.
The corporation has signed an MoU with oil companies for 92 outlets including HPCL at 61 locations and with IOCL at 31 locations in the state. It has decided to run these outlets on its own after a service provider from Karimnagar Zone opted for a premature termination of the agreement.
Transport minister Puvvada Ajay Kumar, who virtually inaugurated operations of the fuel outlet at Janagaon in Karimnagar zone, said that the remaining outlets – Hanamkonda, Mahabubabad, Bichkonda, Birkur and Asifabad — will become operational from August 15. “With the operation of these fuel outlets, TSRTC will get a revenue of around Rs 20.6 lakh per month which includes Rs 17 lakh in the form of commission and Rs 3.65 lakh in the form of lease rentals. The outlets would be run with the help of RTC employees, who have become excess due to the introduction of private hire buses,” said Kumar.
This apart, the TSRTC is also mulling 50 mini cargo vehicles with a capacity of 3 tonnes each. The larger vehicles that are currently operational have a nine tonne capacity.
Officials expect a further rise in revenue once the inter-state and city bus services are restored.Share This