Panaji: To diversify its income, the state-run Kadamba Transport Corporation (KTC) is planning to enter the fuel retail business by establishing diesel dispensing stations on its properties across Goa. KTC chairperson Ulhas Tuenkar confirmed that the corporation is in discussions with Indian Oil Corporation Ltd (IOCL) to set up two to three fuel stations that would cater not only to the corporation’s fleet but also to the public.“The decision to launch these fuel stations was taken because the income from passenger ticket sales alone is not sufficient to sustain our operations. We’re attempting to broaden the corporation into another avenue,” Tuenkar told TOI.According to him, IOCL is expected to install and support the proposed outlets. While two locations have been identified – Porvorim and Margao – the third site is yet to be finalised.These outlets will also offer petrol, diesel, CNG, and EV charging.Tuenkar said that the planned fuel stations will be built on KTC-owned land and will be open to both the corporation’s vehicles and private customers. He, however, warned that motorists should not expect discounted rates.While customers will not benefit from lower prices, KTC expects to gain from the margins currently earned by private fuel retailers. At present, the corporation purchases fuel from external vendors for its fleet of about 460 diesel vehicles for Rs 95 per litre. Besides losing money due to concessional rates, there are repair expenses due to frequent accidents and vehicle breakdowns. The KTC incurred financial losses in 2025 due to frequent accidents and vehicle breakdowns, with repair costs close to Rs 18.9 lakh, according to records. This was the highest loss recorded in the past five years.
