The two wreckages seem to be parts of the buses and were found approximately 170 and 200 meters from the collapsed bridge.
It is yet to be ascertained if the wreckage discovered belonged to one bus or both the buses that had been submerged.
The NDRF teams were alerted about the recovery and a crane was procured for the recovery of the wreckage.
The Indian Navy team comprising of personnel specialising in diving have been searching for the wreckage and survivors since the morning of August 4.
The effort was in response to a request received from the state government on undertaking search along the river for survivors and bodies.
In the mishap of last Tuesday, two State Transport busses and two private cars fell in Savitri River along with 38 passengers.