PM E-BUS SERVICE-PSM SCHEME
PM E-BUS SERVICE-PSM SCHEME
A total of 23,800 electric buses have been sanctioned under the PM E-DRIVE Scheme of MHI and PM-eBus Sewa Scheme of MoHUA. With specific reference to Dumka in Jharkhand, no demand for allocation of e-buses under the PM-eBus Sewa Scheme has been received from the concerned state authority.
List of sanctioned buses under PM e-Bus Sewa scheme and Pm e-Drive scheme is provided in the Annexure.
A total of 123 Nos. of cities across 27 States/UT’s have adopted the said scheme. Specifically, a total of 48 Public Transport Authorities (PTAs) have issued LoA to the concerned operators/OEMs within 62 cities as on 12.03.2026.
To deter repeated payment defaults, the Payment Security Mechanism requires PTAs to repay the full amount released to OEMs/operators from the Scheme fund within a strict 90‑day period. During this period, a Late Payment Surcharge (LPS) accrues at a rate equivalent to SBI’s prevailing three‑year MCLR plus 1% per annum, compounded annually. The LPS is calculated from the date the amount is disbursed to OEMs/operators until the date therepayment is received from the respective
PTA, State Government, or Union Territory, there by creating a financial deterrent against delayed or repeated defaults. If the PTA fails to repay the disbursed amount with (Late Payment Surcharge) LPS within 90 days, MHI will request RBI to invoke the Direct Debit Mandate (DDM). RBI shall debit the State Government/UT account and credit the Scheme Fund, including the applicable LPS.
PTAs shall maintain an Escrow Account as stipulated in the Concession Agreement (CA). Any delay or non‑payment arising from insufficient funds in the Escrow Account shall constitute a “Default by PTA,” which will be reported to CESL. Upon a valid PSM Request, CESL may disburse the approved amount from the Scheme Fund to the Escrow Account. If the PTA fails to repay the disbursed amount with LPS within 90 days, MHI will request RBI to invoke the Direct Debit Mandate (DDM). RBI shall debit the State Government/UT account and credit the Scheme Fund, including the applicable LPS. This structured mechanism enables CESL to manage financial risk exposure while making payments on behalf of defaulting PTAs.
Annexure
S.No
State
Cities
Sanctioned Buses
1
Gujarat
Surat
600
Ahemdabad
1,200
2
Karnataka
Bengaluru
4,500
3
Maharashtra
Mumbai
1,500
Pune
1,000
4
Telangana
Hyderabad
2,200
5
Delhi
Delhi
2,800
A
Total (PM E-DRIVE)
13,800
S.No.
State
Cities
Sanctioned Buses
1
Andhra Pradesh
Amaravati
50
2
Anantapur
50
3
Guntur
100
4
Kadapa
50
5
Kakinada
50
6
Kurnool
50
7
Nellore
100
8
Rajahmundry
50
9
Tirupati
350
10
Vijayawada
100
11
Visakhapatnam
100
12
Gujarat
Bhavnagar
100
13
Gandhidham
50
14
Navsari
50
15
Gandhinagar
100
16
Jamnagar
50
17
Junagadh
50
18
Rajkot
100
19
Vadodara
250
20
Madhya Pradesh
Bhopal
195
21
Indore
270
22
Jabalpur
200
23
Sagar
32
24
Gwalior
100
25
satna
20
26
Dewas
55
27
Ujjain
100
28
Maharashtra
Ahilyanagar
40
29
Akola
50
30
Amravati
50
31
ChatrapatiSambhajinagar
100
32
Bhiwandi
100
33
Chandrapur
50
34
Dhule
28
35
Ichalkaranji
25
36
Jalgaon
50
37
KalyanDombivli
100
38
Kolhapur
100
39
Latur
50
40
Mira Bhainder
100
41
Nagpur
150
42
Nashik
100
43
Sangli
50
44
Solapur
100
45
Thane
100
46
Ulhasnagar
100
47
Vasai Virar City
100
48
Malegaon
26
49
Prabhani
40
50
Meghalaya
Shillong
55
51
Odisha
Sambalpur
50
52
Berhampur
50
53
Bhubaneswar
100
54
Rourkela
100
55
Cuttack
100
56
Puducherry
Puducherry
75
57
Rajasthan
Ajmer
100
58
Alwar
100
59
Bhilwara
50
60
Bikaner
125
61
Jaipur
450
62
Jodhpur
125
63
Kota
100
64
Udaipur
50
65
Sikhar
50
66
Uttrakhand
Dehradun
100
67
Haridwar
37
68
Assam
Guwahati
100
69
Chandigarh
Chandigarh
428
70
Haryana
Gurugram
100
71
Faridabad
100
72
Hisar
50
73
Karnal
50
74
Panipat
50
75
Rohtak
50
76
Yamuna Nagar
50
77
Bihar
Bhagalpur
50
78
Darbhanga
50
79
Gaya
50
80
Muzzafarpur
50
81
Patna
150
82
Purnea
50
83
Arunachal pradesh
Itanagar
50
84
Goa
Panaji
50
85
Himachal Pradesh
Shimla
25
86
Dharmsala
25
87
Chattisgarh
Durg
50
88
Raipur
100
89
korba
40
90
Bilaspur
50
91
karnataka
Belgagavi
100
92
Bellary
50
93
Davanagere
50
94
Dharwad
100
95
kalaburagi
100
96
Mangaluru
100
97
Mysuru
100
98
Shimoga
50
99
Tumakuru
50
100
Vijayapura
50
101
Punjab
Amritsar
100
102
Ludhiana
100
103
Patiala
50
104
Jalandhar
97
105
SahibzadaAjit Singh Nagar
100
106
Kerela
Kerala
293
107
Telangana
Nizamabad
51
108
Warangal
100
109
Manipur
Imphal
50
110
Andaman & Nicobar
Andaman & Nicobar
45
111
Jammu & Kashmir
Srinagar
100
112
Jammu
100
113
Ladakh
Ladakh
48
114
Dadra &nagarhaveli,Daman& DIU
Dadra &nagarhaveli,Daman& DIU
50
B
Total (PM-eBusSewa)
10,000
C
Total Scheme Buses (A+B)
23,800
This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.