With the diesel prices for bulk buyers being increased yet again, it is unlikely that Telangana Road Transport Corporation (TSRTC) will bear the brunt, officials said.
Diesel prices were reportedly hiked by ₹ 25 to entities that buy it in bulk as a result of a rise in international oil prices. However, those in the know said at the moment, the TSRTC, which is also a bulk buyer, will remain unaffected by the move. The price hike is for private entities.
Speaking to The Hindu, TSRTC Managing Director V C Sajjanar said, “I have read about the increase of diesel prices. However, the increase in bulk prices will not affect the TSRTC.” A clearer picture would emerge in the coming days, he added.