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Time of India
14-07-2025
- Automotive
- Time of India
RSRTC floats third tender for 300 electric buses, aims full transition on NCR routes by 2026
The Rajasthan State Road Transport Corporation ( RSRTC ) has floated a fresh tender — the third in a series — to procure 300 electric buses for operation within the Delhi-National Capital Region (NCR), Times of India reports. The move is part of the state-run transport body's broader plan to phase out its current diesel-powered fleet in favour of cleaner, electric alternatives. Officials said the latest tender has been designed with two components: one that includes charging infrastructure for the EVs and another that excludes it. Operators will be taken on contract and paid up to ₹60 per kilometre. This tender follows earlier unsuccessful attempts in December 2024 and May 2025. "Due to the two-fold nature of the tender, we have not received the kind of bids we anticipated. However, we're hopeful that this round will generate better participation. The 300 EVs were part of the commitment made in the state budget," said a senior RSRTC official. A long term strategy The corporation plans to replace a total of 900 diesel buses on NCR routes with electric vehicles by June 2026 in accordance with guidelines issued by the Commission for Air Quality Management (CAQM). Officials said the current tender is a part of that broader strategy. In addition to this, RSRTC is also pursuing the procurement of another 600 EV buses under the central government's PM E-Drive scheme . 'Although the scheme is primarily designed for intra-city operations, we have made a special request to the Centre for inclusion under intercity operations, explaining the needs of RSRTC,' said RSRTC chairperson Shubhra Singh. The state government has extended a sovereign guarantee for these 600 buses under PM E-Drive, reinforcing its commitment to cleaner public transport and enhanced air quality in the region.
Time of India
14-07-2025
- Automotive
- Time of India
RSRTC issues third tender to procure 300 EV buses for Delhi-NCR routes, ET Infra
Advt The Rajasthan State Road Transport Corporation (RSRTC) has issued a tender for the third time to procure electric vehicle buses. The corporation plans to acquire 300 electric buses which are to be deployed on routes within the National Capital Region (NCR). Officials said that electric buses will be taken on contract, and bus operators will be paid up to ₹60 per km. Before this, tenders were invited in December 2024 and May 2025. Officials added that the tender for 300 buses is two-fold: one with the infrastructure for charging the buses and the second without charging infrastructure. The corporation aims to procure a total of 900 EVs, which will replace the existing diesel-based fleet used for these routes. For the initial 300 buses, RSRTC has floated the tender, said officials."Due to the two-fold nature of the tender, we have not received bids as expected till now. The tender has been floated for the 300 EVs that were announced in the state budget. By next month, we'll be able to understand what the response of the bidders is," said a senior said that by June 2026, RSRTC will replace all its 900 buses currently plying on the Delhi-NCR routes with EV buses complying with the guidelines of the Commission for Air Quality Management (CAQM). The corporation is also working on procuring 600 EV buses as part of a central government scheme, PM E-Drive, for which the state government has also given the sovereign guarantee, said officials."The PM E-Drive, which is the scheme of the Department of Heavy Industries, is primarily for intra-city operations, but we have requested the central government to allow us to procure buses under this scheme due to the requirements, explaining our situation," said Shubhra Singh, RSRTC chairperson.
Time of India
13-07-2025
- Automotive
- Time of India
RSRTC floats tender for third time to buy electric buses
Jaipur: The Rajasthan State Road Transport Corporation (RSRTC) has issued a tender for the third time to procure electric vehicle buses. The corporation plans to acquire 300 electric buses which are to be deployed on routes within the National Capital Region (NCR). Officials said that electric buses will be taken on contract, and bus operators will be paid up to Rs 60 per km. Before this, tenders were invited in Dec 2024 and May 2025. Officials added that the tender for 300 buses is two-fold: one with the infrastructure for charging the buses and the second without charging infrastructure. The corporation aims to procure a total of 900 EVs, which will replace the existing diesel-based fleet used for these routes. For the initial 300 buses, RSRTC has floated the tender, said officials. "Due to the two-fold nature of the tender, we have not received bids as expected till now. The tender has been floated for the 300 EVs that were announced in the state budget. By next month, we'll be able to understand what the response of the bidders is," said a senior official. Officials said that by June 2026, RSRTC will replace all its 900 buses currently plying on the Delhi-NCR routes with EV buses complying with the guidelines of the Commission for Air Quality Management (CAQM). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cách giao dịch ETH/USD mà không cần nắm giữ Ether IC Markets Tìm hiểu thêm Undo The corporation is also working on procuring 600 EV buses as part of a central govt scheme, PM E-Drive, for which the state govt has also given the sovereign guarantee, said officials. "The PM E-Drive, which is the scheme of the Department of Heavy Industries, is primarily for intra-city operations, but we have requested the central govt to allow us to procure buses under this scheme due to the requirements, explaining our situation," said Shubhra Singh, RSRTC chairperson.
Time of India
11-07-2025
- Automotive
- Time of India
Amid China's export curbs, India plans Rs 1,345 crore rare earth magnet incentive scheme
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India is considering a ₹1,345-crore scheme to incentivise domestic production of rare earth magnets , critical components for electric vehicles and electronics, in a bid to reduce dependence on China amid export restrictions by Centre has already allocated the funds for the proposed scheme and interministerial consultations are underway, Union heavy industries minister H D Kumaraswamy told journalists here on magnets derived out of rare earth elements (REEs) are vital for power windows, speakers, propulsion systems in electric vehicles (EVs), and generators in renewable energy infrastructure, among others. Currently, India depends heavily on Chinese imports for these magnets and Chinese export controls are threatening to stall the production of cars in the during the launch of a portal to facilitate subsidies for electric trucks under the ongoing PM E-Drive scheme, Kumaraswamy also said, "Diesel trucks, though constituting only 3% of the total vehicle population, contribute to 42% of transport-related greenhouse gas emissions and significantly worsen air pollution." The government is offering up to ₹9.6 lakh per truck for switching to electric trucks to push decarbonisation. The ₹500-crore scheme is expected to support deployment of approximately 5,600 e-trucks across the official statement said a dedicated provision for 1,100 e-trucks registered in Delhi has been made with an estimated outlay of ₹100 will need to submit scrapping certificates of old trucks to be eligible to claim subsidies under the scheme. Officials said these certificates can be purchased through authorised retailers from scrapping centres.
The Hindu
11-07-2025
- Automotive
- The Hindu
Centre earmarks ₹500 crore for e-truck purchases under PM E-Drive scheme
The Centre on Friday unveiled a scheme to provide financial incentives for purchase of electric trucks under the PM E-Drive initiative, where a sum of ₹500 crore has been set aside for 5,600 electric trucks. Of this financial outlay, a fifth is dedicated for vehicles registered in Delhi. The sum of ₹500 crore is within the total outlay of ₹10,500 crore for the PM E-drive scheme, which came into effect in October 2024 for a period of two years to support the shift to electric mobility in the country. The scheme for e-trucks offers a maximum incentive set at ₹9.6 lakh per vehicle. The incentive will depend on the gross vehicle weight of the electric truck and will cover those above 3.5 tonnes and up to 12 tonnes of weight (N2 category), and trucks weighing between 12 tonnes and up to 55 tonnes. These incentives will be offered as an upfront reduction in the purchase price and reimbursed to OEMs via the PM E-DRIVE portal on a first-come, first-serve basis, a the Ministry of Heavy Industries said in a press statement. To receive the incentive, the manufacturer will have to provide warranties for battery for a period of five years or 5 lakh kilometres, and for the vehicle and motor for a period of five years and 2.5 lakh kilometres. To qualify for the incentives, the scrapping of old, polluting trucks is also mandatory. A dedicated provision for 1,100 e-trucks registered in Delhi has also been made at an estimated cost of ₹100 crore within this scheme in order to address the capital's air quality challenges. 'Diesel trucks, though constitute only 3% of the total vehicle population, contribute to 42% of transport-related greenhouse gas emissions and significantly worsen air pollution. This pioneering scheme, represents India's first dedicated support for electric trucks,' said Minister for Heavy Industries H.D. Kumaraswamy. 'The FAME scheme did not have any component on electric trucks and this scheme is the first time that the government is launching a customer-facing electric truck scheme in which we are directly encouraging the customers to purchase electric trucks by providing them a reasonable subsidy, so that this movement can be driven from demand side as well as supply side,' said Secretary in the Heavy Industries Ministry Kamran Rizvi. Friday's announcement is within the framework of the PM E Drive scheme approved by the Cabinet in September last year. The scheme for promotion of electric mobility in the country has an outlay of ₹10,900 crore over a period of two years. It lays down subsidies or demand incentives worth ₹3,679 crore for electric two-wheelers, three-wheelers, ambulances, e-trucks and other emerging EVs. The scheme supports 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses. The government has already extended support for 1.6 lakh three wheelers, 12 lakh two wheelers and 10,400 buses, which include 4,500 buses for Bengaluru, 2,800 buses for Delhi, 2,000 buses for Hyderabad, 1,000 buses for Ahmedabad and 600 for Surat. The Ministry will announce the scheme for e-ambulances by December 2025 or January 2026. (With PTI inputs)
