India, Feb. 18 -- The ministry of heavy industries (MHI) has reportedly approved subsidies for 9,800 e-buses in Bengaluru and Hyderabad under the PM E-DRIVE scheme.

According to a Mint report, citing people familiar with the matter, the Centre has approved Bengaluru's demand for 7,000 e-buses and Hyderabad's demand for 2,800 such buses.

This consists of 70% of the government's plan to subsidise procurement of 14,028 e-buses in nine metro cities by FY26 under the PM E-DRIVE scheme.

Other cities covered under the scheme include Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat and Pune.

The report further said that the MHI is also awaiting the demand certificates from the other cities. Also, these certificates are necessary for the appr...