STOCK MARKET BSE NSE

RTC to Promote use of Biodiesel to Lower Down Fuel Expenses

Published: 18th February 2015 06:01 AM  |   Last Updated: 18th February 2015 06:01 AM   |  A+A-

HYDERABAD: The state-run Andhra Pradesh State Road Transport Corporation (APSRTC) plans to operate buses using biodiesel on a largescale, owing to mounting fuel expenditure.

Presently APSRTC is using high speed diesel for its buses. HSD costs `62.80 per litre. but in February the prices of HSD have come down by about `10 per litre. With the decrease in prices, RTC is saving about `40 crore per annum, according to officials of the corporation.

In September last year, the corporation floated the idea of using bio-diesel in its buses, as it was `7 lesser than the HSD.

Now its prices have further come down by about `10 per litre. And the corporation plans to buy biodiesel, only if the prices are lesser than that of HSD, which would further save money for the corporation. Now, the officials are inspecting bio-diesel manufacturing plants and negotiate prices.

“Right now we are inspecting the biodiesel manufacturing plants,” said K Chandrasekhar, chief mechanical operations, APSRTC.

When asked about the prices the manufacturers are quoting for biodiesel, Chandrasekhar said that information would be revealed only after completing the technical bid.se of Biodiesel to Lower Down Fuel Expenses

More from Hyderabad.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp