Rising diesel prices hit TSRTC; to levy cess on fares from 9 April

TSRTC buses consume around six lakh litres of diesel every day

By Newsmeter Network  Published on  8 April 2022 2:22 PM GMT
Rising diesel prices hit TSRTC; to levy cess on fares from 9 April

Hyderabad: To cope with the increase in diesel prices, the Telangana State Road Transport Corporation (TSRTC) will levy a cess on passenger fares from 9 April. The diesel cess is fixed at Rs. 2 per passenger for Pallevelugu and City ordinary services and Rs. 5 per passenger for Express, Deluxe, Super Luxury, City Metro Express & Deluxe, and all AC services. The minimum fare of Rs. 10 for Pallevelugu and City ordinary services will remain the same so as not to burden the common man and short-distance passengers.

TSRTC buses consume around six lakh litres of diesel every day. The price of oil has increased by Rs. 35 compared to the prices in December 2021.

The price of diesel was Rs. 83 per litre in December 2021 and now it's Rs. 118 per litre (for bulk users). This increase in price has severely impacted the expenditure of the Corporation.

According to TSRTC, the increase in diesel price in the last few days has necessitated the levying of cess on passenger fares. This will enable the Corporation to recover a portion of the increased expenditure and sustain its operations, it said.

Next Story
Share it