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Tata Motors emerges L1 bidder for e-bus government tender

Wednesday, 27 Apr 2022
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Tata Motors has emerged as the lowest (L1) bidder for all five categories of the tender floated by the Convergence Energy Services, a subsidiary of the Energy Efficiency Services (EESL). 
The tender is for 5,450 electric bus tender worth Rs 5,000 crore. Other bidders were Switch Mobility, Evey Trans, and VECV for the tender under Centre’s FAME II Scheme. 
The contract term is 12 years, with assured km of 10 lakh per bus, and a credible payment security system. 
The tender process was started in July 2021 under which nine cities are eligible to receive subsidy under the remodelled FAME II Scheme. Of these, five cities participated in the tender.
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