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25.2.06

Purchases - India - RTC to buy 2,000 new buses

Hyderabad,Andhra Pradesh,India -Andhra Cafe -25 Feb 2006: -- The state run APSRTC is all set to buy 2,000 new busses this year... The RTC is buoyed by the rise in revenues after the recent fare hike. The corporation has seen a rise in revenues by 8 percent after the fare hike, which translates into revenue of Rs. 200 crores... The new fleet would be acquired at a cost of Rs. 240 crores...

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