News

Home | Market | News | News Details

News Details

(As on May 22, 2025, 17:01)

Major Cities Fast-Track e-Bus Rollout Under PM e-Drive Scheme

Union Minister for Heavy Industries and Steel, Shri H.D. Kumaraswamy, recently chaired a key meeting to review the implementation of electric buses under the PM e-Drive Scheme. The discussion focused on accelerating e-bus deployment in Telangana, Karnataka, Delhi, and Gujarat—demonstrating significant progress toward Prime Minister Shri Narendra Modi’s vision for clean and inclusive urban mobility.

Following in-depth discussions, the Ministry of Heavy Industries confirmed e-bus allocations as follows: around 4,500 for Bengaluru, 2,000 for Hyderabad, 2,800 for Delhi, 1,000 for Ahmedabad, and 600 for Surat under the scheme’s current phase.

“Under the dynamic leadership of Hon’ble Prime Minister Shri Narendra Modi ji, India is making determined progress in sustainable public transport,” said Shri H.D. Kumaraswamy. “Cities like Bengaluru and Delhi are leading the way in transitioning to smarter, cleaner, and more efficient urban mobility through electric buses.”

He further emphasized, “This is more than just distributing electric buses—we are reimagining India’s transport future with a strong focus on innovation and sustainability. Through close cooperation between the Centre and states such as Telangana, Karnataka, Delhi, and Gujarat, we are fully committed to realizing the goals of the PM e-Drive Scheme.”

Launched by Prime Minister Shri Narendra Modi, the PM e-Drive initiative targets the deployment of 14,028 electric buses across India, supported by a financial outlay of ?10,900 crore over two years (April 2024–March 2026). It stands as one of the world’s most ambitious programs to electrify public transport. The Ministry of Heavy Industries is focused on timely execution, operational preparedness, and robust collaboration with state governments to ensure the scheme’s success.

TRADEWELL SECURITIES LIMITED
CORPORATE MEMBER OF BOMBAY STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID : 3187  |  NATIONAL STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID: 12835>  |  MULTI COMMODITY EXCHANGE OF INDIA LTD  |  MEMBER ID: 56265
SEGMENTS: BSE CASH  |  BSE STAR MF  |  NSE CASH  |  NSE FO  |  NSE CD  |  NSE MF
SEBI REGN NO. INZ000171936
AMFI ARN CODE: 111875
CDSL DP ID NO. : 12052700 DP SEBI REG.NO.IN-DP-CDSL-432-2007
NSE | BSE | RBI | SEBI | CDSL | MCX | AMFI | SCORES

ATTENTION INVESTORS "Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of investors". "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with us. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of investors". "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary".

(Note : Best viewed in 1024 X 768 and above resolution also in IE 9 and above all higher versions.)


Copyright © 2015 Tradewell Securities Limited. All rights reserved.

Designed, developed and content provided by dion

SMS Registration

Submit Clear

Mobile Trading

Segment

Submit Clear

logo

Submit Clear

Investors Grievances

igtsl@tradewellmail.com

Invest By QFI

QFI's Can now invest in Indian Capital Markets Through Tradewell Securities ltd -
For details Contact
Mr K.Brahmaiah - 9246399440/040-23541258.

CLIENT LOGIN

NOTES:

FRANCHISEE LOGIN

NOTES:

INTERNET TRADING

NOTES: