homevideos Newsauto NewsE buses 35% cheaper than diesel variants; need to consider taking public transport electric: CESL
E-buses 35% cheaper than diesel variants; need to consider taking public transport electric: CESL
In a bid to electrify public transport in smaller cities, the Union government will be going ahead with the process of price discovery for an additional 10,000 electric buses. Earlier this week, the state-run Convergence Energy Services Limited (CESL) announced a tender for 5,540 electric buses across five cities including Delhi, Kolkata, Bengaluru, Hyderabad and Surat. Tata motors emerged as the lowest bidder in all five categories with a bid of Rs 5,000 crore.
In a bid to electrify public transport in smaller cities, the Union government will go ahead with the process of price discovery for an additional 10,000 electric buses. With the upcoming tender, the government looks to focus on Tier-2 and smaller 9-metre busses.
Earlier this week, the state-run Convergence Energy Services Limited (CESL) announced a tender for 5,540 electric buses across five cities — Delhi, Kolkata, Bengaluru, Hyderabad and Surat. Tata Motors emerged as the lowest bidder in all five categories with a bid of Rs 5,000 crore.
In an interview to CNBC-TV18, MD & CEO of CESL Mahua Acharya said price discovery for electric buses has been 35 percent cheaper than diesel. She added that it’s time to consider moving over to electric buses for public transport system.
“The price discovery that we saw and the participation that we saw has been very encouraging. The prices without subsidy are 35 percent lower than diesel. So that means that we have now the basis to seriously consider moving over to electric buses for our public transport system,” she said.
Acharya said India needs to have a national programme for electric buses as there is a serious shortage.
“Electric mobility is something that the country needs. We worked in the metropolitan areas this time around and there is requirement for many more buses. India has a serious shortage of buses. So what we really need is a nation programme for electric buses,” she said.
Watch the accompanying video for more.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election Phase 2: Experts decode the key trends and issues in key battleground states
Apr 26, 2024 11:53 PM
2024 Lok Sabha Election | Which way the wind blows in the second phase
Apr 26, 2024 6:09 PM