Maha govt asks 11 departments to give 25% of biz of MSRTC
ROADS & HIGHWAYS

Maha govt asks 11 departments to give 25% of biz of MSRTC

To support loss-making the Maharashtra State Road Transport Corporation (MSRTC), the Maharashtra government has directed 11 departments to award 25% of their annual transportation business to ST trucks without a competitive bidding process.

This will allow the state bus corporation to increase its revenue from Rs 56 crore to Rs 250 crore per year.

ST trucks are buses that have been converted into trucks to transport essential and non-essential goods throughout Maharashtra. They can be booked by any government or private agency. MSRTC introduced this innovation during the Covid pandemic in order to increase revenue.

It is a huge benefit for our bus corporation, which has been incurring losses during the pandemic, a senior MSRTC official told the media. Our core business, passenger transportation, has taken a significant hit.

Less than 2,000 public transportation buses are currently on the road out of a total fleet of 18,000 buses.

ST trucks will receive 25% of transportation business from the following government departments: industry, energy and labour, urban development, tribal development, social justice, women and child welfare, school education and sports, cooperative, agriculture, animal husbandry and dairy, planning, and finance. The ST truck service was launched one year ago today.

Image Source


To support loss-making the Maharashtra State Road Transport Corporation (MSRTC), the Maharashtra government has directed 11 departments to award 25% of their annual transportation business to ST trucks without a competitive bidding process. This will allow the state bus corporation to increase its revenue from Rs 56 crore to Rs 250 crore per year. ST trucks are buses that have been converted into trucks to transport essential and non-essential goods throughout Maharashtra. They can be booked by any government or private agency. MSRTC introduced this innovation during the Covid pandemic in order to increase revenue. It is a huge benefit for our bus corporation, which has been incurring losses during the pandemic, a senior MSRTC official told the media. Our core business, passenger transportation, has taken a significant hit. Less than 2,000 public transportation buses are currently on the road out of a total fleet of 18,000 buses. ST trucks will receive 25% of transportation business from the following government departments: industry, energy and labour, urban development, tribal development, social justice, women and child welfare, school education and sports, cooperative, agriculture, animal husbandry and dairy, planning, and finance. The ST truck service was launched one year ago today. Image Source

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Get CW App