INTIEAIndia · PM e-Bus Sewa-Payment Security Mechanism (PSM) SchemePolicyIn force

PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme

The Indian government, through the Ministry of Heavy Industries, launched the PM e-Bus Sewa-PSM Scheme on October 28, 2024, with a budget of Rs. 3,435.33 crore (USD 412 million). The scheme aims to help roll out over 38,000 electric buses across the

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: India · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The Indian government, through the Ministry of Heavy Industries, launched the PM e-Bus Sewa-PSM Scheme on October 28, 2024, with a budget of Rs. 3,435.33 crore (USD 412 million). The scheme aims to help roll out over 38,000 electric buses across the country.

Official source: https://heavyindustries.gov.in/pm-e-bus-sewa-payment-security-mechanism-psm-scheme

Source

https://www.iea.org/policies/26506

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTIEACanada · National Energy Code of Canada for BuildingsPolicyIn force

National Energy Code of Canada for Buildings

The National Energy Code of Canada for Buildings (NECB) 2025 is a national model code that sets technical requirements that address the protection of the environment in the design and construction of new buildings and in subsequent alterations. The 2025 edition was published in…

10 days agoeff.
INTIEACanada · Deep Retrofit Accelerator InitiativePolicyIn force

Deep Retrofit Accelerator Initiative

Launched by Natural Resource Canada in February 2023, the Deep Retrofit Accelerator Initiative (DRAI) provides funding to organisations and projects that facilitate the development of deep retrofits in commercial, institutional, and mid- or high-rise multi-unit residential…

10 days agoeff.
INTIEASweden · Tax exemption for pure and highblend biofuelsPolicyIn force

Tax exemption for pure and highblend biofuels

The Swedish scheme to promote the use of sustainable biofuels in transport has been prolongated until 31 December 2032 with an estimated budget of 1.3 USD billion (SEK 14.2 billion).    The scheme was originally approved by the Commission in November 2003 and prolonged several…

10 days agoeff.
INTIEACanada · Codes Acceleration Fund (CAF)PolicyIn force

Codes Acceleration Fund (CAF)

Launched by Natural Resource Canada in 2023,  the Codes Acceleration Fund (CAF) provides funding to support efforts to accelerate and contribute to code (or regulation) adoption, compliance and enforcement. The programme provides funding to:   • provinces, territories,…

10 days agoeff.
INTIEACanada · Energy Efficiency Regulations, 2016 - Electric motorsPolicyIn force

Energy Efficiency Regulations, 2016 - Electric motors

The Energy Efficiency Regulations set standards for several industrial products and industrial applications of products including motors, air compressors, pumps, dry-type transformers and ceiling fans.     The standards for electric motors were regularly updated, lastly in 2022…

10 days agoeff.