Ola is pumping Rs 200 crore to increase fleet of CNG cabs in Delhi-NCR

Following the crackdown on diesel taxis in Delhi-NCR, Ola is increasing its fleet of CNG-fitted cabs.

Ola, which already has 20,000 CNG cars, will be adding over 5,000 cabs in coming weeks and infusing Rs 200 crore for the same.

"Ola is planning to expand its fleet of CNG cabs in Delhi by adding more than 5,000 cabs in the next one week. We have brought together car manufacturers, banks and financiers and valuation platforms to enable heavy discounts, loan offers and on spot valuation and exchange," said Ola COO Pranay Jivrajka.

Ola is also giving lucrative offers to drivers of saving up to Rs 1.5 lakh on exchanging their old diesel vehicles for a new CNG one in next six months.

"This is the largest amongst a series of programs rolled out by Ola to encourage CNG adoption in Delhi-NCR. By the next week, the intent is to ramp up by at least 25 per cent,” said Pranay.

With over 3,50,000 vehicles registered on its platform, Ola offers services across 102 cities in India.