EV Buses to Get a INR 700 Crore Push in Goa, Says CM
Goa – The state’s public transportation system is set for a major transformation as IIT alumni prepare to invest a significant INR 700 crore in electric buses. This investment is expected to revitalize mass transit in the state and reduce reliance on fossil fuels.
The Kadamba Transport Corporation Limited (KTCL), which operates both its own buses and those from private entities, has been struggling to meet the growing demand for public transportation. The current fleet, consisting of 500 diesel buses and 102 electric buses (48 under Mission Smart City and 54 from Olectra), has been insufficient to cater to the needs of the population.
The IIT alumni’s investment will significantly expand the number of electric buses available, providing a cleaner and more sustainable alternative to traditional diesel-powered vehicles. Moreover, this move aligns with Goa’s efforts to reduce its carbon footprint and promote sustainable development.
IIT Alumni Investment to Revitalize Goa’s Mass Transit with Electric Buses
“It is a welcome step to revive KTCL. Final discussion on the roll out of the buses under the initiative is currently underway. Once we get these buses, we will be able to service the routes that are currently non- operational. We can also restart our interstate service, which is being held back due to our ailing fleet,”
Ulhas Tuenkar, chairman of KTCL
The upcoming investment of INR 700 crore by IIT alumni in electric buses for Goa marks a significant step towards reviving the Kadamba Transport Corporation Limited (KTCL). Moreover, it currently operates 48 acquired under Mission Smart City and 54 purchased from Olectra. The electric buses have been in operation for three years, but the company has faced challenges in meeting the increasing demand due to the limited size of its fleet.
With the additional electric buses from the IIT alumni investment, KTCL will be able to service routes that are currently non-operational and potentially restart its interstate services.
Goa Approves INR 700 Crore Investment for Electric Buses
Ulhas Tuenkar, the chairman of KTCL, expressed enthusiasm for the proposal, stating that it will play a crucial role in reviving the transport undertaking. However, the initiative involves the introduction of 500 electric buses, which will help reduce pollution and improve the overall transportation infrastructure in Goa.
This investment aligns with the state government’s efforts to promote sustainable transportation and reduce reliance on fossil fuels. The introduction of electric buses will not only enhance the efficiency and reliability of public transport but also contribute to a cleaner and greener environment for Goa’s residents and visitors.