<img title="From a fleet of 260, only 125-130 AC buses operate in a day" src="http://images.mid-day.com/images/images/2016/nov/04best-ac-bus.jpg" alt="From a fleet of 260, only 125-130 AC buses operate in a day" />From a fleet of 260, only 125-130 AC buses operate in a day
Instead of selling its clunky albatrosses as scrap &mdash; as was the plan &mdash; the BEST Undertaking has decided to auction 50 air-conditioned JCBL buses from a fleet of 260, and recover the bare minimum of the hefty fund it pumped into procuring them.
BEST had spent R55-65 lakh on procuring each of these 50 buses, manufactured in 2008-10. They are past their shelf life of seven years and have also rusted owing to the city&rsquo;s salty, humid air. Besides, each bus generates a revenue of just R100 when the expenditure is R125. BEST planned to initially dismantle these buses and sell them as scrap. But doing so would have fetched only R1-3 lakh per bus.
Yesterday, the undertaking changed its tack and decided to auction them, instead. &ldquo;These buses are made of stainless steel and have rusted internally beyond repairs. They wouldn&rsquo;t have made much money as scrap. That&rsquo;s why are looking at auctioning them,&rdquo; said a BEST official. But, BEST&rsquo;s last attempt to sell these AC buses in January had elicited embarrassing responses of R1-2 lakh per bus.
Sanjay Bhagwat, additional general manager, BEST, said the base price for the auction hasn&rsquo;t been decided yet. Officials say the price will depend on the value of depreciation. The collective value of depreciation of the buses stands at R10 crore.

In a reversal of itu00c3u00a2u00c2u0080u00c2u0099s selling for scrap plan, BEST to auction 50 AC buses

How much will you pay for 'BEST' junk?

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In a reversal of it&rsquo;s selling for scrap plan, BEST to auction 50 AC buses

How much will you pay for 'BEST' junk?

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How much will you pay for 'BEST' junk?

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