PMI Electro, BYD Olectra bagged maximum
govt e-bus tenders
Govt e-bus tenders
The two companies were followed by automobile manufacturer Tata Motors, public mobility solutions JBM Auto and independent power producer(IPP) Mytrah.
As per the reports, 750 e-buses tenders were given to PMI Electro, Olectra-BYD got 600 e-buses tenders. Whereas Tata Motors and JBM Auto have got the order for 220 and 11 electric buses. As all the states have not been finalised yet, the orders can be expected to increase.
As Central government’s FAME II (Faster Adoption And Manufacturing of (Hybrid &) Electric Vehicles in India) has taken an initiative which started in April 2019, in that regard the State governments are trying to procure e-buses in India.
Under the FAME II
Under the FAME II, the government planned to invest Rs 10K Cr over three years on building the capacity for 10 Lakh two-wheelers, 5 Lakh three-wheelers, 55K four-wheelers, and 7K e-buses, all these must run on a lithium-ion battery. The central government aims to deploy at least 5K e-buses on the Indian streets.
Department of Heavy Industries
The Department of Heavy Industries in June 2019 had issued an expression of interest to the State governments to deploy e-buses. Under this, some selected cities got subsidies on e-buses after the tender process.
The selected states get a 40% subsidy from the government. The subsidies will be applicable to the cost of e-buses which may up to Rs 55 lakh per standard buses of 10-12 meters. Government is also providing incentives for mid-sized buses of 8-10 metred which will cost up to Rs 45 lakh and minibuses costing up to Rs 35 lakh.
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