ECONOMYNEXT – Sri Lanka is seeking investors for an electric public transport system with 200 buses in the Western province around Colombo, Minister of Transport Bandula Gunawardana said.
The ministry of transport had earlier called for expressions of interest for 50 electric buses, but the investment cost of charging points made the project unviable, he said. Feedback indicated that 200 to 500 buses are needed to make such a project viable.
The cabinet of ministers had now approved a 200-bus project, which will be run in collaboration with state-run Sri Lanka Transport Board.
“It will be a build operate transfer style project for a number of years,” Minister Gunawardana said. “”Any investor from Korea, or China or UK could express interest.
“They could also propose terms and the period.”
The SLTB had no resources to invest in electric buses, he said. Once the investors earned back his return the assets will go the SLTB.
The buses will operate on existing SLTB routes in the Western province.
Electric buses are found in India, Bangladesh, Singapore, South Korea and Japan.
When the electric buses come, 200 SLTB buses will be withdrawn from the Western province and deployed in provincial routes. (Colombo/Aug30/2023.
In California where I live, the bus service is operated by the City or by a regional authority. Our local City in central California mostly operates hybrid diesel busses. Is Sri Lanka’s electricity service reliable enough to operate a fleet of electric buses?