CESL launches biggest ever tender worth Rs 5,500 cr for 5,580 electric buses
State-run Convergence Energy Services Ltd (CESL) on Thursday launched the biggest ever tender worth about Rs 5,500 crore to procure as many as 5,580 electric buses including 130 double deckers. CESL, a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), on Thursday announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ — a set of homogenized demand for electric buses aggregated across five major cities, according to a statement.
It said the tender value is estimated to be Rs 5,500 crore.
The cities to be covered under this “Grand Challenge” are Bangalore, Delhi, Surat, Hyderabad, and Kolkata in the first phase. The first lot of e-buses are expected to hit the roads by July this year, it added.
