Latest news with #PradhanMantrie-BusSewaScheme
Time of India
25-06-2025
- Automotive
- Time of India
Co contracted by Union govt to operate 675 e-buses in Raj
Jaipur: Eight city transport corporations in Rajasthan, including Jaipur City Transport Services Limited (JCTSL), will soon sign agreements with Chartered Speed, a company contracted through a bidding process floated by the Union govt's subsidiary, Convergence Energy Services Limited (CESL), to operate 675 electric buses. Confirming the development, Narayan Singh, managing director of JCTSL, said CESL contracted this company to operate e-buses in 13 cities across the country, including Jaipur, under the Pradhan Mantri e-Bus Sewa Scheme. Of JCTSL's share of 675 e-buses, 150 will be kept for Jaipur and the rest distributed to seven other cities in Rajasthan. "Now, the company will sign separate agreements with all eight city transport corporations and equip the depots with infrastructure suitable for the operations of e-buses. Buses will be allotted in phases within the next five to nine months," Singh said. Two types of AC e-buses, one 9 metres in length and the other of 12 metres, will be operated under this scheme. The six other cities where the e-buses will operate are Bhilawara, Udaipur, Kota, Jodhpur, Alwar, Bikaner, and Ajmer. Under Pradhan Mantri e-Bus Sewa Scheme, Union govt will take responsibility for 50% of the viability gap funding (VGF). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo An official explained, "Say, if JCTSL's operation cost is Rs 100 and revenue generation is only Rs 60, the state govt pays the subsidy of the remaining Rs 40. Under this scheme, the Union govt will bear Rs 20 of the subsidy amount." Besides, JCTSL will also procure 300 CNG-run minibuses to be operated by private operators. Officials, however, said the 150 e-buses and the 300 minibuses won't meet the need for city buses in Jaipur, which needs around 2,200 buses. At present, while JCTSL operates around 250 buses, there are around 600 private buses. Chief minister Bhajan Lal Sharma recently took up this issue with the Union govt. The centre is ready to provide more buses to Rajasthan under the Pradhan Mantri e-Bus Sewa Scheme, another official disclosed.
Time of India
29-04-2025
- Automotive
- Time of India
EKA Mobility and Chartered Speed to deploy 675 electric buses in Rajasthan
EKA Mobility , in consortium with transport service provider Chartered Speed , has secured a Letter of Award (LOA) to deploy 675 electric buses across Rajasthan under the Pradhan Mantri e-Bus Sewa Scheme . The deployment will include 565 nine-metre and 110 twelve-metre electric buses across eight cities: Jaipur, Kota, Udaipur, Ajmer, Alwar, Bikaner, Bhilwara, and Jodhpur. The initiative is part of a broader effort by the Rajasthan government to reduce emissions, lower reliance on fossil fuels, and improve public transport services. The LOA follows the recent issuance of the Letter of Confirmation of Quantity (LOCQ) by Convergence Energy Services Limited (CESL) for electric buses across India. Rohit Srivastava, Business Head and Chief Growth Officer, EKA Mobility, said, 'This win reinforces our belief that electric mobility is not just the future—it's the present. Rajasthan's bold move toward electrification aligns perfectly with our vision of transforming the way millions commute daily and accelerating India's transition to a cleaner, more sustainable future.' Sanyam Gandhi, Whole-Time Director, Chartered Speed, said, 'This reflects our commitment to a greener, more efficient transport network. Through the Pradhan Mantri e-Bus Sewa Scheme, we're transitioning to an electric fleet that will transform urban mobility. Our goal is to lead the shift to a low-carbon future and offer commuters cleaner, smarter travel options shaping a more connected and sustainable India.' Expansion in e-mobility projects The Rajasthan order follows recent contract wins by EKA Mobility, including projects valued at approximately ₹150 crore from the Uttar Pradesh State Road Transport Corporation and an order worth approximately ₹400 crore from the Nagpur Municipal Corporation. These developments expand the company's presence in the electric mobility sector and add to its fleet of zero-emission public transport solutions.
