Centre to float tender for 3,500 electric buses in nine big cities
The central government is planning to come up with an electric bus (e-bus) tender to procure around 3,500 new e-buses for nine cities with a population over 4 million each, Business Standard has learnt.
The move comes a month after the Ministry of Heavy Industries’ (MHI’s) decision to raise the funding support for e-buses to Rs 4,307 crore, from the budgeted Rs 3,545 crore. In May, the ministry slashed subsidies for three-wheelers, four-wheelers, and charging infrastructure as part of a major rejig of the ₹10,000-crore electric vehicle (EV) incentive scheme — Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-II).
