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India awards contracts for 10,900 electric buses under PM E-Drive, boosting clean transit.
India has completed a major electric bus procurement under the PM E-Drive Scheme, awarding contracts for 10,900 buses to private operators across cities including Delhi, Bengaluru, Hyderabad, Ahmedabad, and Surat.
The process, managed by state-owned Convergence Energy Services Ltd, attracted 16 bidders with 14 submitting qualified bids, resulting in competitive pricing below estimates.
Under a gross cost contract model, private firms will operate and maintain the buses, build charging infrastructure at city-provided depots, and be paid a fixed per-kilometre fee.
The rollout aims to cut emissions, improve public transit, and advance India’s clean mobility goals through large-scale, transparent procurement.
India otorga contratos para 10,900 autobuses eléctricos bajo PM E-Drive, impulsando el tránsito limpio.