It is known that Reliance placed APSRTC takeover proposal before Congress government of United AP. I Bots Satyanarayana who was then transport minister made ​​a statement in favor of privatization and invited the wrath of RTC employees and people. Later, the Congress government decided to revoke such plans. 

If speculations are to be believed, the Government of AP is in favor of privatization APSRTC, which is running at loss, because in the last few years. Reliance gave assurance of proper maintenance and profits. 

Therefore, the Chief Minister Chandrababu Naidu is considering options to either continue APSRTC same way, or pass it to a private company like Reliance. RTC was created R 100 crore loss per month in AP alone. So privatization is the best option in the current situation.