It will monitor, collect data and make a roadmap to facilitate BEST projects with regard to carbon credits, which will be traded later and fund added to its coffers
Union Road Transport and Highways Minister Nitin Gadkari at the launch of BEST’s first double-decker electric bus. BEST has already replaced 400 of its buses with electric ones. File pic
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The iconic green projects of electric, hybrid buses and solar charging, the more than a century-old public transport company, which completed 75 years of municipalisation this year, has now planned to procure and trade in carbon credits on a global platform. Carbon credits are measurable, verifiable emission reductions from certified climate action projects. These projects reduce, remove or avoid greenhouse gas emissions.
“BEST has started on a dedicated green energy path. The undertaking has already replaced 400 buses with electric ones and has begun the process of procuring 3,000 electric buses by 2023. It plans to convert the entire fleet of over 10,000 buses to electric ones by 2025. Moreover, since 2007, about 60 per cent of the fleet is being operated on CNG. For charging of electric buses, the undertaking is also signing a deal with the Solar Energy Corporation of India Ltd (SECI) to procure 700 MW of energy,” a senior official said.
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