A new report by the EGROW Foundation is revving the engine on a greener future for India’s public transportation. “Retrofitting of Inter-city Diesel Passenger Buses: An Economic Analysis and Policy Prescriptions” makes a compelling case for converting existing diesel buses to electric ones. The study found that retrofitted buses offer significant cost advantages over both traditional diesel guzzlers and brand-new electric buses.
The report emphasizes the economic and environmental benefits of retrofitting. By electrifying existing buses, cities can extend their lifespan, reduce reliance on new infrastructure, and slash operating costs. EGROW estimates that a standard retrofit on a 9-meter bus can lower costs per kilometer by a whopping 34.48% compared to a diesel bus. This translates to substantial savings for bus operators and potentially lower fares for riders.
But the benefits go beyond the bottom line. Retrofitting also cuts down on air pollution and greenhouse gas emissions. India, grappling with air quality issues in major cities, can take a significant step towards cleaner air by adopting this approach. The report estimates that retrofitting 20,000 buses annually could save a staggering 500,000 tons of diesel and reduce crude oil imports by millions of barrels.
To jumpstart widespread retrofitting, EGROW proposes a multi-pronged policy approach. This includes pilot programs to refine the conversion process, revisions to scrappage policies that would extend the operational life of retrofitted buses, and the creation of special subsidies and financing options to make retrofitting more accessible. The report also calls for increased research and development in retrofitting technologies and electric battery solutions.
By embracing bus retrofitting, India can achieve its climate goals and foster a more sustainable transportation system, all while saving money and creating new green jobs. The EGROW report positions retrofitting as a win-win solution, offering a pragmatic and cost-effective path towards a cleaner future.
