Fiscal Incentives to Scale Up Adoption of Electric Buses in India

Fiscal Incentives to Scale Up Adoption of Electric Buses in India
Fiscal Incentives to Scale Up Adoption of Electric Buses in India
Sector:Sustainable Transport Undertaken By:Union Internationale des Transports Publics (UITP – India) Year Published:2019

The Government of India notified FAME II in April 2019. Approximately 35% of the total amount, i.e, INR 3,545 crores has been allocated towards providing electric bus (e-bus) incentives in order to accelerate deployment efforts. With this increased emphasis on electrification of public transport (e-buses), it is important that we strategically plan the subsidies and deployment efforts to maximise results.

The report discusses fiscal incentives to scale up adoption of electric buses and provides a review of the previous e-bus procurement practices in India.