Tata Motors’ subsidiary signs agreement with BMTC for operating 921 electric buses in Bengaluru

Tata Motors’ subsidiary signs agreement with BMTC for operating 921 electric buses in Bengaluru

As part of the agreement, TML Smart City Mobility Solutions Ltd. will supply, operate and maintain 921 units of 12-metre low-floor electric buses for a period 12 years.

FPJ Web DeskUpdated: Friday, December 16, 2022, 07:31 PM IST
article-image
Tata Group intends to hire tens of thousands of additional workers |

Tata Motors, India’s largest commercial vehicle manufacturer, today announced that Bengaluru Metropolitan Transport Corporation (BMTC) has signed a definitive agreement with its fully owned subsidiary, TML Smart City Mobility Solutions Ltd. for operation of 921 electric buses in the city of Bengaluru the company announced in an exchange filing.

As part of the agreement, TML Smart City Mobility Solutions Ltd. will supply, operate and maintain 921 units of 12-metre low-floor electric buses for a period 12 years. Tata Starbus Electric is an indigenously developed vehicle with superior design and best-in-class features for sustainable and comfortable commute.

Commenting on the announcement, Ms. G Sathyavathi, IAS, Managing Director, Bengaluru Metropolitan Transport Corporation said, “We are confident that the induction of the zero-emission, eco-friendly buses will benefit all stakeholders and help in curbing air pollution.”

Speaking at the occasion, Mr. Asim Kumar Mukhopadhyay, CEO and MD, TML Smart City Mobility Solutions Limited said, “It is a momentous occasion for us as we sign the first definitive agreement under the larger CESL tender and are delighted to have partnered with BMTC in their effort to modernise and electrify the public transportation in the city of Bengaluru. ”

Tata Motors’ state-of-the-art research and development facilities have steadily worked to engineer innovative mobility solutions powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and Hydrogen Fuel Cell technology. Till date, Tata Motors has supplied more than 730 electric buses across multiple cities in India, which have cumulatively clocked more than 55 million kilometres, with an uptime of over 95%.

RECENT STORIES

Diversified Conglomerate ITC Completes Voluntary Delisting Process Of Shares From The Calcutta Stock...

Diversified Conglomerate ITC Completes Voluntary Delisting Process Of Shares From The Calcutta Stock...

Digital Payments Value Grows 44% Across Small & Mid-Sized Enterprises As Tier 2 & 3 Cities Drive...

Digital Payments Value Grows 44% Across Small & Mid-Sized Enterprises As Tier 2 & 3 Cities Drive...

Sudeep Pharma IPO Heats Up Before Opening, GMP Shoots Higher, Is A Big Listing On The Cards? Know...

Sudeep Pharma IPO Heats Up Before Opening, GMP Shoots Higher, Is A Big Listing On The Cards? Know...

Rooftop Solar Industry Fujiyama Power System's Shares List At 4% Discount Against Issue Price Of...

Rooftop Solar Industry Fujiyama Power System's Shares List At 4% Discount Against Issue Price Of...

Pajson Agro India Receives In-Principle Approval From BSE To Raise Funds Through IPO In The SME...

Pajson Agro India Receives In-Principle Approval From BSE To Raise Funds Through IPO In The SME...