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Centre working on payment security mechanism to buy 150,000 e-buses

The Centre is developing a payment security mechanism (PSM) to facilitate the procurement of 150,000 e-buses. The PSM aims to address issues such as fare collection inefficiencies and improper upkeep of buses, ensuring e-bus suppliers are paid for their vehicles.

Order book for e-buses grows to over 20,000 even as industry awaits payment security mechanism

Order book for e-buses grows to over 20,000 even as industry awaits payment security mechanism
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