Key Facts
Shimla, July 8, 2026: The Himachal Road Transport Corporation (HRTC) has announced that 40 JNNURM buses stationed at the Una depot have reached zero book value. This accounting milestone means the buses have fully depreciated in financial records. However, they will continue to serve passengers for at least five more years, provided they pass regular fitness inspections.
Details of the Development
According to HRTC officials, zero book value is a standard accounting term indicating that a vehicle's cost has been fully recovered. Most HRTC buses reach this status after 10 years of service. The corporation conducts periodic technical checks to ensure roadworthiness. Buses that meet safety standards are allowed to operate regardless of book value.
Rajesh Joshi, Executive Sub-Divisional Manager of HRTC Una, stated, “Buses are not taken out of service just because they have zero book value. They will be operated for another five years.”
Current Operational Challenges
Presently, 15 JNNURM buses are parked at workshops due to a High Court stay on inter-state routes. Additionally, longer JNNURM buses face difficulties navigating rural roads. HRTC has planned a rotation system to utilize the workshop-bound buses effectively.
Impact on Commuters
For passengers in Una and surrounding areas, the continued operation of these buses ensures uninterrupted public transport. The decision also helps HRTC manage its fleet efficiently without immediate capital expenditure on new vehicles.
What Readers Should Know
- Zero book value does not mean the buses are unfit for service.
- Regular fitness tests will determine their continued operation.
- After five years, buses will be condemned and auctioned as per procedure.
- The High Court stay on inter-state routes affects 15 buses currently.
Frequently Asked Questions
What does zero book value mean for these buses?
It means the buses have fully recovered their cost in accounting records, but they can still operate if they pass fitness tests.
How long will these buses continue to run?
They are expected to run for another five years, subject to regular fitness checks.
Why are some JNNURM buses parked at workshops?
15 buses are parked due to a High Court stay on inter-state routes, and longer buses face challenges on rural routes.