Press Release:Press Information Bureau

Ministry of Heavy Industries

IMPLEMENTATION OF PM eBUS SEWA PAYMENT SECURITY MECHANISM SCHEME

Posted On: 17 MAR 2026 4:51PM by PIB Delhi

PM e-Bus Sewa–PSM Scheme was notified on 28.10.2024. The details of implementation progress is as below:

Scheme guidelines and Standard Operating Procedure (SOPs) have been published.
19 States/UTs have submitted the Direct Debit Mandate (DDM) to Reserve Bank of India as on 12.03.2026.
As on 28.02.2026, Tender for 6,228 number of buses were concluded under PM-eBus Sewa Scheme of MoHUA. Letter of Award for 4720 buses have been issued by Public Transport Authorities (PTA).
Tender for 10,900 buses under PM E-DRIVE scheme are concluded and tender for 2,900 buses is under progress.
Rs. 500 crore has been disbursed to CESL in the first tranche to set up the PSM Fund in FY 2025-26.
List of sanctioned buses under PM e-Bus Sewa scheme and PM e-Drive scheme is provided in the Annexure 1.

The total amount sanctioned and spent for the infrastructure proposals (Behind-the-Meter power infrastructure and Civil Depot Infrastructure) till December 2025 is Rs 1254.38 crore and Rs. 483.70 crore respectively under the Scheme. The details of the state-wise amount sanctioned are provided in Annexure-2.

The timeline for deployment varies from tender to tender. However, typically the deployment timeline for buses is considered to be two (2) years from the date of signing of the Concession Agreement between the PTA and the OEM. The PSM Scheme provides payment security coverage for a period of up to 12 years for each bus deployed under the Scheme.

The scheme provides the State with a 90‑day window to repay the disbursed amount along with applicable Late Payment Surcharge (LPS), thereby reinforcing financial stability for the State Transport Undertaking under the Payment Security Mechanism.

Annexure-1

S.No	State	Cities	Sanctioned Buses
1	Gujarat	Surat	600
1	Gujarat	Ahemdabad	1,200
2	Karnataka	Bengaluru	4,500
3	Maharashtra	Mumbai	1,500
3	Maharashtra	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	Uttrakhand	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	Himachal Pradesh	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	Telangana	Warangal	100
109	Manipur	Imphal	50
110	Andaman & Nicobar	Andaman & Nicobar	45
111	Jammu & Kashmir	Srinagar	100
112	Jammu & Kashmir	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

Annexure- 2

#	State/UT	Amount sanctioned (Rs. in Cr.)			Amount Spent (Rs. in Cr.)
#	State/UT	BTM	Civil	Total	BTM	Civil	Total
1	Andhra Pradesh	30.18	65.41	95.59	0	0	0
2	Assam	3.84	12.81	16.65	3.33	7.52	10.85
3	Bihar	79.25	33.21	112.46	79.25	8.3	87.55
4	Chandigarh	11.87	0.00	11.87	11.87	0	11.87
5	Chhattisgarh	30.36	20.19	50.55	25.09	6.07	31.16
6	Gujarat	35.69	40.61	76.30	19.88	9.06	28.94
7	Haryana	13.44	8.69	22.13	0	0	0
8	Jammu and Kashmir	14.28	28.09	42.37	0	0	0
9	Madhya Pradesh	55.01	36.39	91.40	1.32	0	1.32
10	Maharashtra	228.21	142.28	370.49	167.65	32.53	200.18
11	Meghalaya	8.95	9.00	17.95	0	0	0
12	Odisha	54.11	34.05	88.16	39.91	7.96	47.87
13	Puducherry	8.15	0.00	8.15	0	0	0
14	Punjab	22.90	20.87	43.77	14.27	5.23	19.5
15	Rajasthan	60.08	42.03	102.11	35.84	8.62	44.46
16	Uttarakhand	12.02	15.36	27.38	0	0	0
17	Karnataka	37.82	39.23	77.05	0	0	0
	Total	706.16	548.22	1254.38	398.4	85.29	483.7

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.

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TPJ

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