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Evey Trans emerges L1 bidder for supply of electric buses

Monday, 09 May 2022
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Evey Trans (EVEY) has been declared as the least quoted (L1) bidder for 1,400 + 50 plus variation electric buses from one of the state transport undertakings. 
The tender is for supply of the said electric buses on gross cost contract (GCC) / OPEX model for a period of 12 years. 
Once the letter of award is received by EVEY, it shall procure either directly by itself or through its special purpose vehicle these electric buses from Olectra Greentech (Olectra) and which shall be delivered over a period of 12 months. 
The value of these 1,400 buses supply would be approximately Rs 2,450 crore for Olectra. 
The maintenance of these buses shall also be undertaken by Olectra during the contract period.
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