TN to buy 2,213 new diesel buses
TIMES NEWS NETWORK
Chennai:09.09.2021
Tamil Nadu plans to purchase 2,213 new diesel buses and 500 electric buses within the next two months to replace the older vehicles in the fleet, transport minister Raja Kannappan announced in the assembly on Wednesday.
Replying to the debate on demand for grants for the transport department, Raja Kannappan said, "The new buses will be purchased with interest free loan from German bank KfW (German Development Bank) which will cover 80% of the cost and remaining 20% will be funded by the state."
The government entered into an agreement with KfW to procure 12,000 BS-VI buses and 2000 electric buses in a span of five years from 2021. There are 17,333 buses plying in the state.
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