logo
180 BEST CNG buses to go off roads in 6-8 months

180 BEST CNG buses to go off roads in 6-8 months

Hindustan Times5 days ago
Mumbai: Once called Mumbai's second lifeline after suburban trains, the Brihanmumbai Electricity Supply and Transport Undertaking's (BEST's) pulse has significantly dropped over the last few years. Mumbai, India. Feb 25, 2025: Contract BEST Bus drivers and conductors staged a flash strike at the Wadala depot on Tuesday morning, Mumbai, India, February 25, 2025. (Photo by Raju Shinde/HT Photo) (Hindustan Times)
And it is set to take a further hit, with as many as 180 buses running on CNG reaching the end of their lifespan in the next six to eight months, officials said. Meanwhile, new buses aren't being added to the fleet quickly enough.
BEST currently has around 2,670 buses in its fleet, of which it owns just 430. The rest are on wet leases—owned, operated, and maintained by private contractors appointed by BEST.
Of the 430 owned buses, 180 running on CNG are nearing their codal life of 15 years. The remaining six electric buses and 244 running on diesel will continue to operate, officials said, adding that BEST will only procure electric buses on wet lease from now on.
'We will be getting at least five buses from PMI Electro Mobility in a fortnight or so,' said a senior BEST official. 'We asked them to supply at least 50 buses. We have also held meetings and written reminder letters to other bus manufacturers to hasten the process of supplying buses, as it is going on at a slow pace.'
Gurugram-based manufacturer PMI Electro Mobility is supposed to supply 250 12-metre-long, single-decker AC buses to BEST in phases. Hyderabad-based Olectra Greentech, which is supposed to supply 2,100 electric buses, has also been asked to expedite the process, officials said.
Executives from Olectra told HT that the company delivered 102 electric buses to BEST across June and July. 'Olectra has delivered over 665 buses [as of 15 days ago], with nearly 150 buses added recently and 370 buses added since January 2025. Our target for the next month is to deliver 100 buses per month,' said an Olectra executive, requesting anonymity.
Meanwhile, in a recent meeting, BEST asked Chennai-based Switch Mobility to resume the supply of double-decker AC e-buses that it has stalled since December 2023, or else it will be forced to blacklist the company, officials said. BEST's double-decker AC e-bus fleet has remained at 50 since December 2023. The company was supposed to supply 200 buses during this period, but there is an issue over the per-kilometre rate decided between Switch Mobility and BEST, said an official. When HT reached out to Switch Mobility, the company said it needs time to respond.
Officials also said that the BEST's parent organisation, the Brihanmumbai Municipal Corporation (BMC), is not providing it enough grants. In its 2025-26 budget, the civic body had set aside ₹1,000 crore for BEST. Since 2012-13, it has granted ₹11,304.59 crore to the undertaking. 'However, this is not enough. We continue to write to the BMC requesting them to provide grants for the purpose of procuring buses on wet lease,' said a BEST official.
As BEST struggles to cater to its 3 million daily passengers, citizen groups and bus passenger associations are planning to protest against issues such as the recently announced fare hike, the privatisation of BEST and the monetisation of depot land.
Aamchi Mumbai Aamchi BEST (AMAB), a citizens' group focused on public transport, will hold a protest at all 27 BEST depots on August 7, the undertaking's anniversary.
'We want an affordable, safe, and comfortable public transport that is a right of all citizens,' said Jagnarayan Kahar, a member of AMAB. 'This is a call for all Mumbaikars to unite in order to save and revive BEST as an essential public service. We will hand over our demands to the depot managers at these 27 depots.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gujarat races ahead in IPO rush, tops Q1 listings and fundraising
Gujarat races ahead in IPO rush, tops Q1 listings and fundraising

Time of India

timean hour ago

  • Time of India

Gujarat races ahead in IPO rush, tops Q1 listings and fundraising

Ahmedabad: Gujarat has surged ahead in the IPO race, topping the charts for the highest number of listings in the first quarter of FY26. A total of 14 companies from the state went public across the NSE and BSE platforms, collectively raising over Rs 3,495 crore, edging out heavyweights like Maharashtra and Delhi. Data from the National Stock Exchange (NSE) shows that nine Gujarat-based firms listed on both the mainboard and NSE Emerge, mobilised Rs 3,374 crore during April-June 2025. Maharashtra matched Gujarat in terms of the number of NSE listings but trailed slightly in proceeds at Rs 3,300 crore. Meanwhile, four companies from the NCT of Delhi raised the highest capital among states, mopping up Rs 3,657 crore. On the BSE SME platform, Gujarat again led in terms of company count, with five firms raising Rs 121.6 crore, nearly a third of the total SME IPOs during the quarter. "Among the companies listed in Q1, Gujarat led with the highest number of nine listings, reflecting the state's growing dominance in capital market activity," the NSE noted. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad Nationally, the sectoral breakdown of IPO activity reveals broad-based investor interest in sectors such as industrials, consumer discretionary, and energy. The industrial sector led with 13 companies raising Rs 2,176 crore, followed by consumer discretionary players, who raised a whopping Rs 9,033 crore from eight firms — the highest in terms of proceeds. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Seniors Are Snapping Up This TV Box, We Explain! Techno Mag Learn More Undo The energy sector saw just two listings, but raised a sizeable Rs 2,873 crore, putting it second in terms of capital raised. According to BSE SME data, 12 companies listed on the exchange's SME platform in Q1, raising a cumulative Rs 387.26 crore. Gujarat led with five listings, followed by Maharashtra, Haryana, Delhi and Uttar Pradesh. Vaibhav Shah, director at the Association of National Exchanges Members of India (ANMI), attributed the trend to strong governance and rising equity awareness among Gujarat's entrepreneurs. "Gujarat-based companies have seen rapid growth in recent years. Many are now eyeing aggressive expansion, and IPOs are the natural route. Strong governance frameworks and a solid understanding of equity markets are driving the surge in SME IPOs," he said. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

HC upholds ITAT order granting 80G approval to Raipur-based society
HC upholds ITAT order granting 80G approval to Raipur-based society

Time of India

timean hour ago

  • Time of India

HC upholds ITAT order granting 80G approval to Raipur-based society

Raipur: In a significant judgment, the Chhattisgarh High Court upheld a decision by the Income Tax Appellate Tribunal (ITAT) that allowed a Raipur-based society to receive tax exemption benefits under Section 80G of the Income Tax Act. The court ruled that since the society already had a valid registration under Section 12AA—which confirms its charitable status—the Income Tax Department could not deny 80G approval by questioning its activities. The court dismissed the department's appeal, stating that the ITAT followed legal precedent and committed no error in granting the relief. The High Court ruled that the Income Tax Appellate Tribunal (ITAT) was correct in directing that a society should be granted approval under Section 80G of the Income Tax Act, 1961, as long as its registration under Section 12AA of the Act is in existence. The court dismissed an appeal filed by the Income Tax Department, stating that no illegality or irregularity was committed by the ITAT in setting aside an order from the Commissioner of Income Tax (CIT). Section 80G of the Income Tax Act, 1961 provides tax deductions to individuals and companies who donate to charitable institutions and funds in India, while Section 12AA of the Income Tax Act, 1961 deals with the registration of trusts and other charitable or religious institutions to avail tax exemptions on their income. The case involves a society that applied for approval under Section 80G of the Act on 28 Feb 2014. The CIT, Raipur, rejected the application on 25 Aug 2014, finding that the society was engaged in commercial activities and could not be considered a charitable organisation. The CIT noted that the society was running institutes on commercial lines, took large bank loans for infrastructure, and rented out its buildings for commercial purposes. The society filed an appeal with the ITAT, Raipur Bench, which allowed the appeal on 15 Jan 2019. The ITAT set aside the CIT's order and directed that the society be granted approval under Section 80G. The Income Tax Department, challenging the ITAT's decision, argued that the tribunal failed to appreciate that the society was providing vocational education for a fee, which it said did not qualify as "education" under Section 2(15) of the Act. The department contended that the society's work was commercial and not charitable. Counsels for the society, Sumesh Bajaj and Rishabh Bajaj, supported the ITAT's order. They argued that benefits under Section 80G of the Act cannot be denied if registration under Section 12AA is valid and has not been cancelled. They stated that the society's registration was renewed until Assessment Year 2026-27. The counsel cited judgments from the Supreme Court and the High Courts of Gujarat and Punjab and Haryana to support their arguments. After hearing both sides and reviewing the orders, Chief Justice Ramesh Sinha and Justice Bibhu Datta Guru ruled in favour of the society. The court noted that the ITAT's decision was based on a precedent from the Gujarat High Court, which held that once registration under Section 12AA of the Act is granted, the benefits cannot be denied. The court observed that the department had not presented any material to show that the decision relied upon by the ITAT was set aside by a higher judicial forum. It held that the ITAT had not committed any illegality or irregularity. The High Court answered the substantial question of law in favour of the respondent and against the appellant. It upheld the ITAT's decision, ruling that as long as the registration under Section 12AA of the Act is in existence, the Income Tax Department cannot make a further enquiry into the genuineness of the society's activities and whether they are charitable. The appeal filed by the Income Tax Department was dismissed. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

ED arrests MD of city co in fake bank guarantee case
ED arrests MD of city co in fake bank guarantee case

Time of India

timean hour ago

  • Time of India

ED arrests MD of city co in fake bank guarantee case

Bhubaneswar: Enforcement Directorate (ED) on Sunday arrested Partha Sarathi Biswal, managing director of a Bhubaneswar-based private company, in connection with an alleged fake bank guarantee case. The ED probe stemmed from a case registered by the economic offences wing of Delhi Police against the company and its directors for allegedly providing a fake bank guarantee submitted to a central PSU. "The company fraudulently arranged and submitted fake bank guarantees of Rs 68.2 crore along with forged SBI endorsements and fabricated confirmations for a tender of the PSU. For providing this bank guarantee, Rs 5.40 crore was received by the company from Reliance Power Ltd," an ED statement said. The investigating agency confirmed counterfeit documents were used under names of various banks and false email addresses created under SBI's name. Investigation revealed the private company, established in 2019, operated several undeclared bank accounts and conducted transactions inconsistent with its stated turnover. Investigation also uncovered breaches of the Companies Act. "No statutory records are found at registered address — such as books of accounts, shareholders' registers, etc. Dummy directors are found to be used just to sign the documents. At least seven undisclosed bank account of the company are found," the ED stated. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store