The BEST expects to earn carbon credits worth Rs 5,000 crore once its fleet of 10,000 electric buses hit the streets of Mumbai. The undertaking, which ferries about 35 lakh bus passengers per day and supplies power to 10.8 lakh consumers, plans to roll out the entire fleet in the next three years.

“We will be launching electric double-deckers starting January and more and more electric single-decker buses will also begin joining the fleet soon. They will be charged at bus depots, enabling the undertaking to cut down on fuel expenses. The aim is to have green-energy buses, which are emission-free and noise-free, which meant they will run on electricity that has been procured from sources like the sun. Non-polluting electric buses will generate carbon credits for a cleaner environment, and we expect to earn carbon credits worth Rs 5,000 crore from the measures,” BEST General Manager Lokesh Chandra said.