Centre flags delay in Karnataka approvals for e-bus procurement
In a communication to the Karnataka government, the union heavy industries ministry said a tender for electric buses under the PM E-DRIVE scheme concluded last year but letters of award for the provisioned buses are yet to be issued by the state.

In a communication to the Karnataka government, the union heavy industries ministry said a tender for electric buses under the PM E-DRIVE scheme concluded last year but letters of award for the provisioned buses are yet to be issued by the state.
Officials said incentives worth Rs 1,505 crore cannot be disbursed due to these differences between the centre and Karnataka government. PM E-DRIVE is the flagship electric vehicle incentive scheme of the centre with a ₹4,391 crore allocation for deployment of 14,028 electric buses across large cities.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.