AP State Road Transport Corp to purchase fuel from private bunks

25 Feb 2022 CW Team

Andhra Pradesh State Road Transport Corporation (APSRTC) Vice Chairman and managing director, Dwaraka Tirumala Rao issues orders for the purchase of High-Speed Diesel (HSD) for Road Transport Corporation (RTC) buses as well as hired buses from the private retail fuel filling stations.

On Monday, Tirumala Rao said that since the consumption of HSD for RTC buses is huge, oil companies are offering it to the Transport Corporation at a lesser price.

In recent times there has been a sharp rise in the cost of HSD has been noted in the past few days.

The rate at which oil companies are currently selling the HSD to RTC has increased in comparison with the selling price paid of retail fuel stations.

The difference in the price rate is approximately Rs 4.30. This price difference has been calculated for consumption of 7.30 lakh liter by the RTC per day. The additional cost amounts to about Rs 32 lakh per day. Rao said that the extra burden amounts to a total of approximately Rs 10 crore per month.

The order further stated that the measurement and quality are to be done only once the verification is completed under the vigilance officers’ supervision.

Image Source

Also read: AP govt to set up electronic equipment production zone at Mannavaram

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..