In his Budget speech, Tamil Nadu Deputy Chief Minister and Finance Minister O Panneerselvam said the government would implement a project to procure 12,000 new BS-VI buses and 2,000 new electric ones for Rs 5,890 crore, with loan assistance from KfW.
The state Government is set to introduce 2,000 BS-VI buses in the state and 500 electric buses in Chennai, Coimbatore and Madurai during the first phase, he said.
Tamil Nadu has signed a Clean Bus Declaration with the C40 Cities Climate Leadership Group. This agreement paves way for promoting pollution free electric buses.
On State Transport Corporation, Panneersalevam said