E-bus project hits bump after Centre's U-turn on subsidy

NEW DELHI: The plan to lift the choice of electrical buses in 11 primary towns, together with Mumbai, Bengaluru, Jaipur and Delhi, has hit a bump. The division of heavy industries (DHI) has pruned the ambit of giving subsidy to state delivery utilities for purchasing electrical buses, a U-turn from its announcement 4 months ago.
In December, the DHI stated it will give you the subsidy to state street delivery undertakings (SRTUs) for buying buses or for his or her operation, which are referred to as capital expenditure (capex) and operational expenditure (opex) models. Under opex style, the maintenance and operation is the accountability of operators. The opex style has been shelved.

Sources stated giant SRTUs equivalent to BMTC in Bengaluru and BEST in Mumbai are gazing a disaster since lots of the electrical buses they ordered fall beneath the opex style, which DHI has deserted. TOI has discovered DHI communicated this to SRTUs early this week. "We have requested the department to reconsider the decision since we have already ordered procurement. The Centre was aware of the process and had approved," stated an SRTU leader, who did not want to be named.


BEST common supervisor Surendrakumar Bagde stated, "It may not be the end of the road. Our talks are on, and the subsidy may arrive for procuring the new electric buses." The BEST has a freeze on acquire of any new bus for Mumbai, and anything else that may upload to its fleet can be on the opex style most effective. In capex style, the SRTUs buy buses and Centre shares 60% of the overall value. The remainder of the volume comes from SRTUs.


In Mumbai, 80 buses are being procured on opex with central subsidy. Similarly, Bengaluru has long past ahead with procurement of 150 buses beneath opex. The Centre had agreed to subsidise 80 buses.


( With inputs from Somit Sen in Mumbai)


E-bus project hits bump after Centre's U-turn on subsidy E-bus project hits bump after Centre's U-turn on subsidy Reviewed by Kailash on April 01, 2018 Rating: 5
Powered by Blogger.