Lahore Metrobus service avoids shutdown as talks continue

Lahore Metrobus
Lahore Metrobus
Published August 11, 2026 12:00 AM
(Web Desk): VEDA Transit Solutions has postponed its planned suspension of Lahore Metrobus operations as negotiations with the Punjab Mass Transit Authority continue over financial and operational issues.

 VEDA Transit Solutions, the private operator of Lahore’s 27-kilometre Gajjumata-Shahdara Metrobus route, has decided to postpone its planned suspension of operations as talks with the Punjab Mass Transit Authority (PMA) continue.

The company had announced that it would suspend the service from August 11 after serving a final notice to the PMA. VEDA had referred to its letters dated July 31 and August 4, as well as a meeting with PMA officials on August 6 regarding the implementation of a court order issued on July 29.

According to the company, it had exhausted its financial resources and was unable to continue operating the service under the existing circumstances. During the August 6 meeting, PMA officials reportedly said the authority could not make a decision without receiving directions from the provincial government.

 

 

Although the meeting ended with an understanding that the PMA would propose a possible solution, VEDA said it did not receive any concrete proposal or financial arrangement afterward.

Despite the unresolved dispute, VEDA has now decided to keep the Metrobus service running while negotiations continue. The company said discussions with the PMA would continue until an acceptable solution is reached.

A senior VEDA official said rising diesel prices had further increased financial pressure on the operator. The official added that the existing formula used to calculate fuel costs does not fully cover the company’s actual expenses.

The latest decision prevents an immediate disruption to thousands of daily commuters using the Lahore Metrobus system.

 

Currency / Metal / Petrol Rates
Currency → PKR
Currency Pair Rate (PKR) Change
🇺🇸 US Dollar USD → PKR 277.68 ▲ 0.89
🇪🇺 Euro EUR → PKR 320.57 ▲ 0.56
🇬🇧 British Pound GBP → PKR 375.02 ▲ 1.48
🇸🇦 Saudi Riyal SAR → PKR 74.15 ▲ 0.23
🇦🇪 UAE Dirham AED → PKR 75.61 ▲ 0.24
🇨🇳 Chinese Yuan CNY → PKR 41.15 ▲ 0.13
Current Metals
Metal Unit Price (PKR) Change
Gold 24K Per Tola 452,107 ▼ 43
Gold 22K Per Tola 414,432 ▼ 40
Gold 21K Per Tola 395,594 ▼ 38
Gold 18K Per Tola 339,080 ▼ 32
Silver Per Tola 6,610 ▼ 6
Platinum Per oz (USD) 1,747 ▼ 8.5%
Current Petrol
Fuel Type Unit Price (PKR) Change
Petrol Super Per Litre 327.62
Diesel HSD Per Litre 247.42
High Octane Per Litre 445.00
Kerosene Per Litre 289.95
LPG Per Kg 254.32
Must Read