Government to tender 3,000 electric buses by June
pre-market1 source ↓written by the desknot a recommendation
- by June
- 3,000+ electric buses
- nationwide
- 10,000 e-buses
The Indian government plans to issue a tender for 3,000+ electric buses by June, part of its initiative to enhance clean public transport. This tender falls under the PM e-Bus Sewa Scheme, aiming for 10,000 e-buses nationwide, supported by central subsidies. The procurement will be managed by Convergence Energy Services Limited.
This move could significantly boost the electric vehicle sector and related supply chains, enhancing market sentiment around clean transport initiatives.
Not investment advice. For informational purposes only.