Uttar Pradesh Government Invites Private Players to Invest in E-Mobility

• 19 Mar 2024

Why in News?

Recently, the Uttar Pradesh government has invited private players to invest in its e-mobility push. The State has proposed to introduce 50,000 electric buses across 75 districts over the next five years.

Key Points

• The Uttar Pradesh State Road Transport Corporation (UPSRTC) has floated a tender, inviting bids for the supply, operation, and maintenance of 5,000 e-buses on gross cost contract basis.
• In the first phase, 5,000 e-buses will be deployed during the next financial year 2024-25 itself.
  • Apart from the supply, operation and maintenance of e-buses, the bidder will also take care of the allied electrical and civil infrastructure.
  • They will be permitted to operate on the existing inter-district routes on a revenue sharing model.
• The deployment of e-buses will phase out carbon emitting 12,000 diesel buses from the state public mobility fleet.

Uttar Pradesh State Road Transport Corporation (UPSRTC)

• It is a public sector passenger road transport corporation which services Uttar Pradesh, India, and adjoining states of North India.
• It operates as a state and interstate bus service and has the largest fleet of buses in North India.
• The corporate office of the corporation is located in Lucknow.
• UP Government Roadways was renamed as Uttar Pradesh State Road Transport Corporation (UPSRTC) on 1 June 1972 under the provisions of the Road Transport Act, 1950. The objectives of this undertaking were:
  • The development of the road transport sector correlated to which would lead to the overall development of trade & industry.
  • The coordination of the road transport services with other modes of transport.
  • To provide an adequate, economical & efficiently coordinated road transport service to the residents of the state.