Another 10,000 Electric Vehicle tender coming from EESL

Energy Efficiency Services Ltd, which is a joint venture of PSUs under the power ministry will be floating another global tender for 10,000 electric vehicles. EESL will sign a memorandum of understanding (MoU) with the government of Andhra Pradesh. Even when there is demand coming in from various states, the vehicles to be supplied to Andhra government will be delivered from the lot procured through this fresh tender, which is expected to be floated around April.

Managing director at EESL, Saurabh Kumar says-

“There is interest in our electric vehicle programme from virtually all parts of the country, and it’s because we have been able to provide a value proposition like no other,”

Two global tenders of 10,000 electric vehicles each in less than a year have generated enough interest from the state and central governments on adoption of e-mobility and making it mainstream. Similarly, the Gujarat government has aggregated a demand of some 4,000-odd vehicles and Maharashtra for 2,000 vehicles.

Tata Motors and Mahindra & Mahindra emerged as the lowest bidders in the previous EV tender, which EESL floated in August last year. Tata Motors had quoted Rs 11.2 lakh for each car including GST, which was matched by Mahindra, in the first phase of procuring 500 vehicles. But the competetion is goin to get tougher with more and more companies participating in the second tender. The price may or may not come down in the next tender but EESL doesn’t expect the prices to rise. The procurement of cars from the fresh tender will depend on the manufacturing capacity of the auto makers.

Source:  Economic Times

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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