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Maharashtra Confirms 8,000 New MSRTC Buses for 2026, Earmarks Rs 2,893 Crore for Dues

Depot redevelopment under PPP plus a phased shift to electric buses frame the longer-term turnaround plan.

Overview

  • Work orders for 3,000 buses have been issued to Tata Motors and Ashok Leyland, with tenders for the remaining 5,000 in process.
  • The state plans to modernise 216 depots through a PPP model to generate revenue and address liabilities of about Rs 4,400 crore.
  • Recruitment of 2,500 contract drivers is planned as the corporation targets timely salary payments to stabilise operations.
  • The government outlined a plan to convert 25,000 diesel buses to electric in a phased program over the next five years, with a diesel-free target by 2047.
  • MSRTC reported Rs 19.24 crore in revenue from 4,039 package tours between April and November 2025, adding a new income stream.