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The Tamil Nadu government has signed an agreement with German development bank KfW to procure new buses complying to Bharat Stage VI norms and those run on batteries. The signing of the agreement with KfW follows the state budget announcement in which through financial assistance totaling $834.3 million from KfW — 12,000 BSVI compliant and 2,000 electric buses would be purchased.

Source: Times Now Go to