Tamil Nadu inks pact with German bank for 2,713 eco-friendly buses

  • The Tamil Nadu government on Saturday signed an agreement with KfW, German Development Bank, for purchasing 2,713 buses for State transport corporations.
  • Under the project of “Climate-friendly Modernization of Buses in Major Cities of Tamil Nadu” an agreement has been signed for 203 Million Euro (Approximately Rs 1606.47 crore) between State transport department.
  • KfW in the presence of Chief Minister Edappadi K Palaniswami and Transport Minister M R Vijayabhaskar.
  • As per the agreement 2,213 BS-VI buses and over 500 e-buses would be purchased, in order to upgrade and modernise all Tamil Nadu State Transport undertakings, an official release said.
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  • Capacity building of personnel, strengthening and improving of bus depots, provision of infrastructure such as charging facilities for running e-buses, procurement of software and hardware component, computer information digital display counters.

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