472 ticket distributors for the NTC

13 years, 6 months ago - 17 April 2011
472 ticket distributors for the NTC
The National Transport Company (NTC) will have to pay a sum of Rs 9 to Rs 10 million to purchase about 472 distributors of electronic tickets. Old units must be replaced, announced a top executive of the company at Friday.

Indeed, the NTC has recently launched a tender for the purchase of these devices. The deadline for submission of bids was set for Thursday.

The company as known, has posted losses of Rs 51 million from July 2009 to June 2010. During that year, the government granted him a loan of Rs 112 million from June 2010 to January 2011, she received about Rs 50 million.

The government help because it serves several routes that are unprofitable. A technical committee is currently on board a restructuring plan that management presented to the government to no longer operate at a loss.