The government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private fleet operators. This scheme could include interest subvention, credit guarantees, and capital subsidies, aiming to encourage the deployment of 50,000 electric buses over a decade. Officials anticipate this will unlock substantial private investment, mirroring successful government initiatives for public transport.

The government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private fleet operators. This scheme could include…

The Centre proposes a ₹12,000 crore scheme to promote private electric bus adoption, aiming to deploy 50,000 buses over 10 years through subsidies and credit guarantees.