Govt’s $10-bn plan to curb emissions
POWER & RENEWABLE ENERGY

Govt’s $10-bn plan to curb emissions

Convergence Energy Services (CESL) is planning a $10-billion tender for 50,000 electric buses that will drive India’s plans to decarbonise public transport and help meet its goals for net zero emissions.

CESL Managing Director Mahua Acharya said such tenders are beginning to look like infrastructure projects and local production of electric buses is expected to grow in tandem with demand.

CESL was formed in 2020 to manage the solar and electric vehicle leasing business of its parent Energy Efficiency Services Ltd., which is a venture between four state-run energy companies. These are the key firms playing a major part in India’s plan to cut its overall projected carbon emissions by one billion tonne by 2030 as part of its goal to achieve net zero emissions by 2070.

As world’s third-biggest emitter, India needs to build charging stations, improve grid capacities and redesign depots to ensure the adoption of electric vehicles.

Convergence Energy Services (CESL) is planning a $10-billion tender for 50,000 electric buses that will drive India’s plans to decarbonise public transport and help meet its goals for net zero emissions. CESL Managing Director Mahua Acharya said such tenders are beginning to look like infrastructure projects and local production of electric buses is expected to grow in tandem with demand. CESL was formed in 2020 to manage the solar and electric vehicle leasing business of its parent Energy Efficiency Services Ltd., which is a venture between four state-run energy companies. These are the key firms playing a major part in India’s plan to cut its overall projected carbon emissions by one billion tonne by 2030 as part of its goal to achieve net zero emissions by 2070. As world’s third-biggest emitter, India needs to build charging stations, improve grid capacities and redesign depots to ensure the adoption of electric vehicles.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code