Convergence Efficiency Services Limited (CESL) is driving India’s electric vehicle revolution through the national electric bus program (NEBP). Conceived under the FAME II scheme, the NEBP aims to accelerate the widespread adoption of electric buses in major cities.
CESL previously called upon metropolitan areas to participate in this initiative. Significant cities such as Surat, Hyderabad, Bengaluru, Kolkata, and Delhi, among others, responded enthusiastically. This collaborative demand has resulted in a notable request for 5,450 electric buses, poised to revolutionize urban transportation.
In Andhra Pradesh, a total of 296 electric cars and 100 electric buses have been deployed on key routes. The state has also established 255 electric vehicle (EV) charging stations, with plans to add 90 more stations to enhance EV adoption.
Additionally, numerous locations have been identified in the state for future charging infrastructure development, positioning Andhra Pradesh for the anticipated surge in electric vehicle usage.
During the recent G20 summit meeting held in Goa, EESL CEO Vishal Kapoor delivered a PowerPoint presentation on the transition to electric vehicles, motivating stakeholders.
According to Vishal Kapoor, CESL’s gross cost contracting model streamlines procurement, unlocks economies of scale, and reduces operational costs.
Vishal Kapoor emphasized that CESL will play a pivotal role in India’s EV revolution, leading to benefits such as decreased reliance on oil, improved energy security, reduced emissions, and enhanced air quality.
The cost-effective operations will contribute to higher disposable income, while local manufacturing and innovation will stimulate economic growth and job opportunities.
As part of this initiative, Delhi and Bengaluru have signed concession agreements. More than 150 electric buses have already been introduced in Delhi, signifying a tangible shift towards eco-friendly mobility solutions. The plan is to deploy approximately 50,000 electric buses in India by 2030.
EESL’s senior advisor, A Chandra Sekhara Reddy, highlighted Andhra Pradesh’s proactive stance toward electric mobility, underscoring its significant contributions to environmentally conscious initiatives. Reddy stated that Andhra Pradesh’s commitment to electric vehicles remains steadfast, characterized by innovative endeavors and robust infrastructure.