Losses due to COVID-19 forces BMTC to drop plans of leasing AC electric buses - News Summed Up

Losses due to COVID-19 forces BMTC to drop plans of leasing AC electric buses


Tenders have been floated to lease 300 non-AC electric buses under FAME II scheme. Citing losses incurred due to the COVID-19 pandemic, the Bangalore Metropolitan Transport Corporation (BMTC) has scrapped its plan of introducing air-conditioned electric buses in its fleet. Instead, it will lease non-AC electric buses. Managing Director of BMTC C. Shikha told The Hindu that the pandemic had forced the Corporation to rethink its decision on leasing AC buses. Moreover, the operation of non-AC electric buses will help a larger number of passengers than catering to a particular segment.”The BMTC has a fleet of over 800 AC buses, but only 50-odd are currently operational.


Source: The Hindu November 04, 2020 07:29 UTC



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