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Private SectorProject Information proposal for India Electric Mobility Financing Project – Maharashtra, India – Electric Bus and Charging Infrastructure Development INR 18.50 Cr INR 185 Mn
10-Aug-2026
PID : 70244 Maharashtra-India

Project detail: 

The project aims to support the shift to electric mobility, reduce carbon emissions and improve air quality in selected provinces of Maharashtra, India. It involves financing the procurement, operation and maintenance of electric buses, together with associated infrastructure such as EV charging stations and bus depots. The buses will operate under the Gross Cost Contract model as part of the PM-eBus Sewa Scheme. Expected outcomes include increased integration of electric buses into urban transport, installation of new EV charging infrastructure and reduction in net greenhouse-gas emissions. 

Project Cost: USD 185 million estimated project cost. 

Note: please download project document attached to this project for more information.

 

 

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