Summary:

The Delhi Transport Corporation (DTC) plans to generate Rs. 2,600 crore (US$ 304 million) by converting its depots into commercial centers. The government has approved the redevelopment of the Banda Bahadur Marg and Sukhdev Vihar depots, expected to generate Rs. 1,858 crore and Rs. 758 crore, respectively. These multi-level hubs will generate revenue from parking, advertising, mobile towers, and office leases, operating self-sufficiently without financial input and completing within 21–28 months.

This initiative responds to alarming financial data, with CAG reports showing DTC’s accumulated losses rising from Rs. 25,299.87 crore (US$ 2.96 billion) in 2015-16 to Rs. 60,741.03 crore (US$ 7.10 billion) by 2021-22. The reports also noted a shrinking fleet and recommended reforms. On May 2, 2025, the Delhi government launched the DEVI mini-electric buses to improve last-mile connectivity, aiming to replace outdated buses with electric ones to support sustainable transportation.

Source: IBEF

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