The civic transport undertaking of Thane has presented a Rs 791.86 crore budget for the financial year 2026-27, with a strong focus on expanding its electric bus fleet and improving sustainability, while ensuring that passenger fares remain unchanged.
The budget was tabled by Balchandra Behere, manager of Thane Municipal Transport (TMT), outlining a roadmap to transform the public transport system into a modern, eco-friendly, and technology-driven network.
Major Push for Electric Bus Expansion
A key highlight of the budget is the large-scale induction of electric buses under the PM-eBus Sewa Scheme. Around 100 air-conditioned electric buses are expected to be added to the TMT fleet during 2026-27.
Additionally, the tendering process is currently underway for procuring 160 more AC electric buses through funding from the 15th Finance Commission’s National Clean Air Programme (NCAP) grants. This move is aimed at reducing carbon emissions and improving air quality in the rapidly growing Thane region.
Target of 370 New Buses by 2027
TMT has set an ambitious target of adding 370 new buses to its fleet by March 2027. This includes 270 air-conditioned electric buses and 100 non-AC buses powered by CNG. The shift reflects a strategic move away from conventional diesel-powered vehicles towards cleaner alternatives.
The transition is expected to enhance passenger comfort, reduce operational costs over time, and align with broader environmental goals.
No Fare Hike Despite Rising Costs
Despite increasing fuel costs and operational expenses, the transport body has decided not to increase passenger fares. This decision is expected to benefit daily commuters, especially senior citizens and women, who already receive subsidised travel benefits.
However, to manage the financial gap, TMT has sought a grant of Rs 538.29 crore from the Thane civic administration to offset losses arising from subsidies and rising expenses.
Revenue Projections and Financial Planning
The undertaking has projected total revenue of Rs 182.27 crore through bus operations and advertisement streams. The budget reflects a continued reliance on civic support to maintain affordability while upgrading infrastructure and services.
Retrofitting and Cleaner Fuel Transition
In addition to new procurements, the budget also includes plans to retrofit 240 existing diesel buses with CNG kits. This step will further accelerate the shift toward cleaner fuel options and help reduce emissions from the existing fleet.
Digital Initiatives to Improve Efficiency
TMT is also set to introduce digital passes for senior citizens, aimed at streamlining operations and improving ease of access. The initiative is part of a broader push towards adopting technology-driven solutions to enhance service delivery and operational efficiency.
Vision for Sustainable and Modern Transport
Overall, the Rs 791.86 crore budget underscores Thane’s commitment to building a sustainable, commuter-friendly, and future-ready public transport system. With a clear emphasis on electrification, affordability, and digital innovation, TMT aims to significantly upgrade urban mobility in the coming years.
(With inputs from PTI)
