Inviting applications for the SAREP Grants Annual Program Statement (APS) – FY2024. For more information click Here.

E-Mobility

Electrification of public transport will play a key role in mitigating pollution and contribute to India’s 2070 net-zero commitment. India’s National Electric Bus Program aims to deploy 50,000 e-Buses by 2027 and the ‘PM eBus Sewa’ will augment city bus operations in India by 10,000 e-buses on PPP model.

On December 9, 2023, USAID India, in partnership with the Ministry of Heavy Industries, Government of India, organized a side event on ‘Payment Security Mechanism for Procurement and Operation of e-Buses in India’ at India Pavilion at COP28 UAE. The side event was graced by Shri Bhupender Yadav, Union Minister Environment, Forest and Climate Change & Minister of Labour and Employment, and Senator John Kerry, Special Presidential Envoy for Climate Change. In their address, the two dignitaries emphasized on the India-US partnership aiming to tackle climate change through electrification of public transport, decarbonization of the public transportation sector, and through sustainable investments.

The side event also brought together high-level delegates from the US and Indian governments to discuss the collaboration in promoting and expanding electric public transportation. The panellists included Dr. Hanif Qureshi, IPS, Joint Secretary, Ministry of Heavy Industries, Mr. Richard Duke, US Deputy Special Envoy for Climate, Mr. Sudhendu J. Sinha, Adviser, Niti Aayog, GoI, and Mr. Vinay Chawla, Office of Special Presidential Envoy for Climate.

The payment security mechanism (PSM) will facilitate the deployment of 10,000 made-in-India electric buses in Indian cities, bringing into reality a joint vision first announced during Hon’ble Prime Minister of India, Shri. Narendra Modi’s official state visit to the White House. This commitment to decarbonize the transport sector was reiterated during President Joe Biden’s September visit to India during G20. The payment security mechanism will accelerate new and more sustainable investments by lowering financial risks and is expected to unlock $10b in investment. In his address, John Kerry mentioned that this model could also scale up other solutions, including supply chain, cooling, green hydrogen, large batteries, and building a green corridor.

USAID’s SAREP program is instrumental in the progress of PM eBus Sewa, participating in the RfS/tender design committee aimed at expediting the initiative. SAREP is supporting Convergence Energy Services Ltd (CESL) in aligning bidding documents and concession agreements with the best procurement practices, maximizing project bankability, and boosting investor confidence.

January 8, 2024

COP28 Side Event on ‘Payment Security Mechanism for Procurement and Operation of e-Buses in India’

Electrification of public transport will play a key role in mitigating pollution and contribute to India’s 2070 net-zero commitment. India’s National Electric Bus Program aims to deploy 50,000 e-Buses by […]
September 26, 2023
NTP09556

Accelerating Deployment of Electric Buses in India: The United States and India Collaborate to Expand e-Mobility

In a significant step towards sustainable and eco-friendly transportation, the Government of India announced NEBP with a vision to deploy 50,000 electric buses in India by 2027. This is a […]
August 24, 2023
Capacity Building for EV Charging Station Deployment

Capacity Building for EV Charging Station Deployment Charging Station Assessment Tool (CSAT) Training

USAID through its SAREP Program aims to facilitate targeted action and drive systemic change by supporting key stakeholders on electric mobility initiatives. Moreover, the Government of India (GoI) launched, the […]
August 3, 2023
Accelerating EV Adoption in Bhutan

Panel discussion on ‘Accelerating EV Adoption in Bhutan’ at FAB23 in Bhutan

Bhutan is one of the few countries in the world who have committed to be carbon neutral and have achieved this status since 2011. With almost 99.9% fossil fuel-dependent vehicles, […]
March 22, 2023
STUs

E-mobility Investment Mobilization Platform: Report Launch and Investor Discussions

USAID, through its South Asia Regional Energy Partnership (SAREP) Program, in association with Invest India, has created an investment mobilization platform. Under this, an event titled ‘E-Mobility Investment Mobilization Platform: […]
October 15, 2022
The investor roundtable held on 6th Oct in Washington – E-mobility sector

The investor roundtable held on 6th Oct in Washington – E-mobility sector

An investor roundtable concentrating on the e-mobility sector in India was held in Washington on October 6, 2022 on the side lines of the US-India Strategic Clean Energy Partnership (USISCEP). […]
August 31, 2022
Electric Vehicles

Stakeholder Consultation on EV Financing

USAID SAREP organized a stakeholder consultation titled `EV Financing – Opportunities and Challenges’on August 22, 2022 in New Delhi. The event was conducted in partnership with NITI Aayog and chaired by Mr. […]
August 11, 2021
Accelerating Ev Charging in South Asia

South Asia Energy Series-Accelerating EV-Charging in South Asia (Part-2)

“Decarbonizing how we travel, needs switching from conventional petroleum-based vehicles to electric vehicles. The South Asia Energy Series on Accelerating EV Charging in South Asia (Part II) on May 06, […]
August 11, 2021
Accelerating Ev Charging in South Asia-1

South Asia Energy Series-Accelerating EV-Charging in South Asia (Part-I)

“The South Asia Energy Series on Accelerating EV Charging in South Asia covered critical issues that stakeholders face when deploying charging infrastructure. The first webinar in the series prioritized learnings […]