Electric Bus

Olectra Greentech Q1FY25 consolidated net profit rose to Rs 24.25 crore from Rs 18.07 crore in Q1FY24. Prior to today, the stock had shed 20 per cent in the last one month.

The Delhi Transport Corporation is likely to add 100 more electric buses to its fleet by March-end or the first week of April, officials said on Sunday. The new additions will take the Delhi Transport Corporation's (DTC) electric bus fleet to 400. Delhi Transport Commissioner Ashish Kundra recently visited Tata Motors' Lucknow plant to inspect the buses. Last month, DTC MD Shilpa Shinde visited Karnataka to oversee the prototype models. "We will get 100 electric buses by March-end or the first week of April. After that, 200-250 buses will arrive every month. "A DTC team had gone to Karnataka to see the prototype. It has been cleared and now we have come to the manufacturing plant in Lucknow for a formal inspection of the buses," said an official. Equipped with security features such as CCTV cameras and panic buttons, these buses will hit the national capital's roads in the next three to four weeks following the configuration and registration process, he added. The 100 new electri

In the past three trading days,Olectra Greentech has rallied 24% after EVEY received two Letter of Awards from the Telangana State Road Transport Corporation for 550 Electric Buses

The Jammu and Kashmir government is procuring a fleet of 200 electric buses to establish environment-friendly and socially sustainable network of public transport in the Union Territory's twin capital cities of Jammu and Srinagar, officials said on Friday. For this, Tata Motors has been given land to build the depot whose construction has started, they said. The Jammu and Kashmir government is procuring 100 e-buses each for both the capital cities, the officials said. The electric buses will establish an environmentally, socially and financially sustainable network of public transport in the city, said Chief Executive Officer (CEO) Jammu Smart City Limited (JSCL) Rahul Yadav who reviewed the project. He said that the electric buses will play a vital role in facilitating tourists as well as people.

With this order, EKA Mobility's order book has grown significantly, with more than 500 electric buses and over 5,000 electric light commercial vehicle orders in the pipeline

Joint secretary in the heavy industries ministry Hanif Qureshi said that out of the 7,000 electric buses, over 3,000 e-buses are already operating in the country

VE Commercial Vehicles unveiled a range of vehicles, including an intercity electric bus that can travel up to 500 kilometers with a mix of depot and 30-40 minute opportunity charging during a journey

Shared e-mobility player GreenCell Mobility Ltd (GreenCell) on Monday said it has bagged an order for 570 electric buses from the Government of NCT Delhi. A tender was floated by state-owned Convergence Energy Services Ltd (CESL) under National E-bus Program (NEBP) for the order, the company said in a statement. "This contract for 6,465 E-buses under Gross Cost Contracting (GCC) basis is the largest tender for E-buses ever floated in India," it said. GreenCell had bid for 1,900 low-floor e-buses, in the tender floated by CESL, a government of India undertaking, and got a contract for 570 e-buses to be deployed over the next two years.

A senior CESL official, who did not want to be named, said the exact quantities being awarded to the three companies would be known by Friday

State-owned Convergence Energy Services Ltd, a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL), on Tuesday said the prices discovered for the 6,465 electric bus tender were 29 per cent lower than what it costs to operate diesel buses. This unified tender constitutes demand for electric buses from six Indian states & UTs Delhi, Telangana, Haryana, Surat (Gujarat), Kerala & Arunachal Pradesh, a statement said. This is the first tender under the National Electric Bus Programme (NEBP). The lowest price discovered for a 12-meter bus (intra-city) was Rs 54.3/km, & 12-meter bus (intercity) was Rs 39.8/km. For a 9-meter bus, the price discovered was Rs 54.46/km and a 7-meter bus was Rs 61.92/km. The prices do not include a subsidy and are 29 per cent lower than what it costs to operate diesel buses, it stated. "This is a remarkable step in helping to transform our state transport authorities and build out a new market for electric mobility in India," Mahua ...

By 2025 end, 80 per cent of Delhi's total bus fleet will be electric, Chief Minister Arvind Kejriwal said on Monday and asserted that acquisition of e-buses will go a long way in reducing pollution in the national capital. Sharing a roadmap for procurement of electric buses, he said the government will be buying 1,500 such vehicles in 2023 and by 2025, 6,380 electric buses will be bought. Kejriwal, who flagged off 50 electric buses from Rajghat Depot here, said the addition of the new buses will take the electric buses plying on the Delhi roads to 300. Congratulating the officers behind the mission and the people of Delhi, he said, With the induction of 50 new electric buses today, Delhi now has 7,379 buses under its city bus transportation fleet. This includes 4,060 buses being operated under Delhi Transport Corporation (DTC) and 3,319 buses being operated under DIMTS (Delhi Integrated Multimodal Transit Systems). This is the highest ever number of buses in Delhi's fleet." The chi

Eighty per cent of Delhi's bus fleet will run on electric by 2025, Chief Minister Arvind Kejriwal said on Monday, asserting that acquisition of e-buses will go a long way in reducing pollution in the national capital. Sharing a roadmap for procurement of electric buses, he said the government will be buying 1,500 such buses in 2023 and by 2025, 6,380 electric buses will be procured. "We have 300 electric buses now. Delhi has 7,379 buses plying on its roads currently which is the highest number of buses plying on the roads in the last 75 years. New buses were not purchased for many years and we were also questioned over it," he said at a ceremony at the Rajghat Depot to flag off 50 electric buses. Out of the 7,379 buses, more than 4,000 are being operated by the Delhi Transport Corporation and over 3,000 through the DIMTS, he said. Kejriwal also shared that nearly 100 electric feeder buses were being operated by the Delhi Metro Rail Corporation. But as it could not run them, the Del

An independent financial advisor has valued the company at Rs 2,000-2500 crore

18 bids received for electric buses in eight slots based on bus size, specifications and state transport undertakings

Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday flagged off 'Doon Connect' electric buses under the Smart City Mission from the CM Camp office in Dehradun

How is Switch powering up green mobility in India?

Switch Mobility has been rolling out electric buses for the world market. Business Standard's Shine Jacob caught up with its CEO Mahesh Babu to know more about the company's future plans

'The company is targeting to earn Rs 300 crore revenue in the first year after launching the first vehicle'

Convergence Energy Services Limited (CESL) on Thursday announced floating a tender for deployment of 5,690 electric buses. This is the first tender under the National Electric Bus Programme which aims to effect the deployment of 50,000 e-buses across the country, CESL said in statement. "After the success of grand challenge based tender for 5,450 e-buses, CESL announces a tender has been floated for another 5,690 e-buses. This unified tender calling for proposals for the provision of mobility services benefits from the participation of Delhi, Gujarat, Haryana, Telangana and Arunachal Pradesh," it said. The tender is based on terms and conditions standardised through the grand challenge process. It contains demand for three types of e-buses 7m, 9m and 12m -- on a gross cost contracting basis, requesting bidders to quote a price per kilometer for operating services over 12 years -- a model that is quickly becoming a standard in India. According to the power ministry, the 'grand ...

After more than 5,000 electric buses were readied in five states as part of the Grand Challenge scheme, there is a demand from other states for an additional 15,000

Mumbai's iconic double-decker buses are set for a comeback in an electric avatar with a Brihanmumbai Electric Supply and Transport Undertaking official stating that their numbers will match the highs of the 1990s by next year. The financial capital is the last urban area where these double-deckers are still running, though they were once found in robust numbers in Kolkata, Bengaluru, Delhi, Thiruvananthapuram and Chennai, among other cities, officials said. According to officials, BEST had the highest number of double decker buses in 1990, before the figures started dipping post 1995. By 2006, the city's premier road transport utility had 225 double-deckers as losses began to mount and operating costs went north. There are some 50 left in Mumbai, most of these plying in the southern part of the city and some being used to give heritage tours to tourists. This existing batch was introduced in 2007 and would soon go off the roads at the end of their codal (operational) life, officials