The Hindu 26.11.2009
2,700 new buses to be procured
Special Correspondent
CHENNAI: Nearly 2,700 new buses will be procured in four months for strengthening the public transport system in the State.
According to the government’s plan, 3,000 buses will be purchased.
While 1,600 are being purchased under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the remaining fall under the government’s routine scheme of purchase of vehicles.
Till now, 302 buses have already been delivered. Of the vehicles being purchased under the JNNURM, 1,000, including 100 Volvo buses, are meant for the Metropolitan Transport Corporation and 300 each for the Coimbatore and Madurai divisions of the State Transport Corporation.
The government’s routine scheme of the bus purchase is funded by a loan of Rs.99 crore from the Tamil Nadu Transport Development Finance Corporation and the government’s contribution to share capital of the transport corporations, a government official says.
