The Kerala State Road Transport Corporation (KSRTC) is yet to settle the bill towards the purchase of 18 air-conditioned multi-axle Scania Metrolink buses procured from the Swedish automobile giant for Rs.19.55 crore.
The KSRTC has paid only Rs. 2 crore despite the delivery of the buses, sources in the transport utility told. Funds allocated for purchasing the buses had been diverted by the management for salary and pension. The luxury buses have turned to be a money-spinner for the utility that is reeling under financial crisis. It is finding it difficult even to pay the fuel bill to Indian Oil Corporation.
The services operated to Bengaluru, Mysuru, Mangaluru, Mookambika, Manipal, and Coimbatore have good patronage and are giving tough competition to private luxury stage carriers. The fleet has fetched almost the money needed for purchase of the 18 buses through ticket sales, the sources said.
Despite the delay in settling the bill, the dealer of the vehicle in Kerala is providing service support and repairs to the buses as per the agreement. The vehicle manufacturer is also learnt to have not pressed for the settlement of the bill as the maiden order from the KSRTC got “overwhelming response” from private luxury fleet operators.
The KSRTC had saved Rs.1.8 crore by purchasing Scania as the competitor Volvo offered buses for Rs.1.11 crore in the bids.
Developed and engineered for Indian conditions, the Transport Department granted 15 exemptions needed to register the buses as stage carriers on April 11 this year. The buses are being operated by the KSRTC under the brand Garuda Maharaja.
