The Brihanmumbai Electric Supply and Transport (BEST) aims to earn Rs 45 crore from carbon credits per year by replacing 10,000 buses into environment-friendly e-buses by 2026.
BEST has signed a power purchase agreement with Solar Energy Corporation of India which will enable them to charge the E-buses with solar energy which will help them to earn 55 carbon credits per bus every year. With this calculation, they would earn 5.5 lakhs carbon credits when the 10,000 E-buses start ferrying on road. This will help BEST to earn Rs 45 crore per annum.
BEST wants to reduce carbon emission by over 40 lakh tonnes in the next ten years. In 2022, Shiv Sena leader and then minister Aaditya Thackeray while tweeting about the electrical double-decker bus, announced an increase in the BEST fleet to 10,000 electric buses with zero carbon footprint.