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212 cr released for procurement of e-buses under FAME-India Scheme

Press Trust of india by Press Trust of india
February 9, 2021
in BUSINESS
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212 cr released for procurement of e-buses under FAME-India Scheme

New Delhi: About Rs 212.31 crore has been released for the procurement of electric buses as of January 31 this year under the second phase of FAME-India Scheme, Parliament was informed on Monday.

With an aim to promote eco-friendly vehicles, the government had launched the FAME (Faster Adoption and Manufacturing of Hybrid and Electric) India scheme in 2015.

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Heavy Industries and Public Enterprises Minister Prakash Javadekar said that the Department of Heavy Industry had invited the Expression of Interest (EoI) from million-plus cities, smart cities, state/UT capitals and cities from special category states for submission of proposal for deployment of electric buses on operational cost basis.

After that, 86 proposals from 26 states/UTs for the deployment of about 15,000 e-buses were received.

He said that project implementation and sanctioning committee has sanctioned 5,565 electric buses to 65 cities/ state transport corporation for intra-city operation; 600 electric buses for intercity operation and 100 electric buses for last mile connectivity to Delhi Metro Rail Corporation (DMRC).

“About Rs 212.31 crore has been released for procurement of e-buses under Phase-II of FAME-India Scheme as on 31.01.2021,” he added.

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