Punjab Govt has earned over Rs 26 lakh more than the reserved price from the sale of condemned buses and scrap material through e-auction in two depots of Punjab Roadways and PUNBUS in which 45 condemned buses were sold. “E-auction has been carried out few days back for sale of buses and scrap material in two depots of Punjab Roadways and PUNBUS in which 25 condemned buses were sold in Amritsar-II Depot and 20 condemned buses were sold in Ferozepur Depot,” said the Govt spokesperson. Spokesperson said that these buses have been sold at an increase of Rs 15.28 lakhs over the reserve price of Rs 35.74 lakhs in Amritsar-II Depot and an increase of Rs 8.16 lakhs over the reserve price of Rs 31.51 lakhs in Ferozepur depot. “Thus, buses have been sold for Rs 90.70 lakhs thereby registering an increase of Rs 23.44 lakhs over the reserve price of Rs 67.26 in these two depots,” spokesperson added. “In addition to this, other scrap material like condemned tyres, used oil and unserviceable parts have been sold for Rs 12.19 lakhs, which is an increase of Rs 3.12 lakhs over the reserve price of Rs 9.07 lakhs,” spokesperson informed. Spokesperson further said that this is an initiative to increase transparency and increase Govt revenue. It was decided in a high level meeting, headed by Transport Minister Razia Sultana, to carry out sale of scrap through e-bidding so as to increase participation and bring in more transparency. Bidding has been completed in two depots of Transport Dept and will be carried out in remaining Depots in the near future which is likely to enhance revenue of the Dept further, added the spokesperson.