Tata Motors bags additional order of 148 buses from BMTC

Image
Last Updated : Dec 19 2024 | 3:04 PM IST

Tata Motors announced that it has secured an additional order for 148 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC).

Tata Motors wholly owned subsidiary, TML Smart City Mobility Solutions, will supply, operate and maintain the Tata Starbus EV 12-metre low-floor electric buses for period of 12 years. This order follows an earlier order of 921 electric buses, most of which have been delivered, and are running successfully with an uptime of over 95% by BMTC.

Ramachandran R., IAS, MD, BMTC, said, We are happy to further strengthen our partnership with Tata Motors with these additional 148 electric buses for our fleet modernisation. The performance of the existing Tata electric buses has been exceptional, aligning perfectly with our commitment to sustainable and efficient public transportation. The larger e-bus fleet will significantly enhance our capacity to provide eco-friendly, comfortable and reliable services to the citizens of Bengaluru.

Asim Kumar Mukhopadhyay, CEO and MD, TML Smart City Mobility Solutions, stated, We are honoured by BMTCs continued trust in our e-mobility solutions. This additional order of 148 buses is a testament to the proven success of our Starbus EVs and the operational excellence delivered in Bengalurus urban environment. We remain committed to delivering innovative solutions that benefit both the community and the environment.

Till date, Tata Motors e-buses have cumulatively clocked more than 2.5 crore kilometres in Bengaluru alone. This has contributed to a significant reduction in tailpipe emissions, achieving a decrease of approximately 14,000t CO2.

Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks and buses.

The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24.

The scrip declined 1.71% to Rs 742.80 on the BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 19 2024 | 2:45 PM IST

Next Story