The State government has given approval to the Bengaluru Metropolitan Transport Corporation (BMTC) to lease 921 electric buses (e-buses) under the ‘Grand Challenge’ initiative of the Union government.
The BMTC had applied for leasing 1500 e-buses and Convergence Energy Services Limited (CESL), a public sector undertaking under the Ministry of Power, has given approval for leasing 921 buses.
On Sunday, while addressing a gathering on the occasion of launching the new e-bus services in the city, Chief Minister Basavaraj Bommai said that the State government has given its approval for the corporation to lease the e-buses. Each bus will get a subsidy of ₹39 lakh per bus and the corporation has to bear the operational cost of ₹41 per km to the operator.
