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    Home » Punjab Launches Rs8.1bn Private-Funded Green Bike-Sharing Project
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    Punjab Launches Rs8.1bn Private-Funded Green Bike-Sharing Project

    Web DeskBy Web DeskJune 11, 2026No Comments2 Mins Read
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    The Punjab government has entered into a partnership with the private sector to introduce a sustainable bike-sharing program in Lahore, targeting severe air pollution and aiming to modernize the city’s public transport system. This initiative aligns with the Punjab chief minister’s vision to promote eco-friendly transportation across the provincial capital.

    Under this project, 50,000 electric bikes will be deployed throughout Lahore, following a fully privately funded Build-Operate-Own (BOO) model. The agreement was formalized by Mansoor Ahmed, Managing Director of the Lahore Horticulture Agency (PHA), alongside a representative from the private sector. The signing ceremony was attended by senior provincial officials, including the Punjab chief secretary and the Lahore deputy commissioner.

    The project demands an initial investment of Rs8.1 billion, which will be entirely covered by private investors, ensuring no financial liability for the provincial government. Implementation will proceed in phases to facilitate a smooth rollout citywide. The first phase will introduce 10,000 electric bikes at strategic locations, with the fleet expanding to 50,000 e-bikes within 18 months.

    Supporting infrastructure will include 1,500 smart docking stations installed in public parks, green belts, and other high-traffic areas. To maintain continuous service, the project will adopt an advanced battery-swapping system, reducing downtime caused by recharging.

    In a significant development, the project incorporates a carbon credit and revenue-sharing mechanism between private operators and municipal authorities. The Lahore Horticulture Agency will receive 50% of the carbon credits generated, while a 5% revenue share will be distributed among the Lahore Horticulture Agency, Lahore Parking Company, and Punjab Transport Department.

    Environmental experts estimate the initiative will reduce carbon dioxide emissions by approximately 5,000 tons annually. A provincial transport official highlighted that this eco-friendly transport scheme will play a vital role in improving Lahore’s air quality index and addressing the city’s recurring smog issues.

    For security and operational transparency, users will access the e-bikes through a dedicated mobile app featuring GPS tracking and real-time monitoring. Renters must complete identity verification linked to their National Identity Card (CNIC) before using the service.

    The government has established a regulated fare system to keep the service affordable, charging Rs25 for the first kilometre and Rs15 for each additional kilometre. Following the pilot phase, the provincial government plans to evaluate the program’s success before expanding the green mobility model to other major cities in Punjab.

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