KSRTC to purchase 700 new buses for SWIFT

KSRTC Swift bus | Photo: Mathrubhumi

Thiruvananthapuram: KSRTC has decided to purchase 700 new buses for the operation of services under KSRTC SWIFT. In view of the surging fuel prices, KSRTC will buy CNG buses, instead of diesel engine powered buses.

KSRTC has estimated to spend a minimum of Rs 455 crore on purchasing the buses. KIIFB will grant the amount under an interest rate of 4 per cent. The decision to buy new buses surfaced in the cabinet meeting convened on Wednesday.

700 CNG buses will be bought for the K-SWIFT services. By this, the services of 700 fast passengers of KSRTC will be cancelled and accorded to the SWIFT services. The KSRTC buses which removed from services will be then deployed for ordinary services. The corporation will reorganise the staff for conducting new services.

The decision to shift to CNG buses has been taken in a circumstance in which a lion’s share of the KSRTC’s revenue is being spent on its diesel expenses. By deploying CNG buses, KSRTC aims to improve the revenue by lowering the expense.

KSRTC bought 116 buses in 2022 for SWIFT. By the induction of new buses, the ratio between the employees and buses will decrease along with the fuel expenses, said transport minister Antony Raju.

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