CESL invites bids to acquire 5,580 electric buses

22 Jan 2022 CW Team

State-owned Convergence Energy Services Ltd (CESL) floated tenders to acquire 5,580 electric buses to be deployed across five main cities.The bid, which also comprises 130 double-deckers, is worth around Rs 5,500 crore . CESL, an arm of Energy Efficiency Services Ltd (EESL), told the media that the request for a proposal called Grand Challenge was the biggest ever acquisition plan of electric buses. The buses will be deployed in New Delhi, Bengaluru, Hyderabad, Surat and Kolkata in the first phase.

Delhi has asked for 1,500 buses under the scheme and stands ready to provide state subsidies where they are needed, said Kailash Gahlot, transport and environment minister of Delhi.

The first lot of e-buses is likely to hit the roads by July 2022, as per the statement. CESL aims to improve its help to state governments in attaining their electric mobility targets and further develop an infrastructure for electric mobility in the nation.

The scheme aims to ease the working costs for cities and clear bottlenecks of acquiring e-buses by state transport utilities.

It is observed as a big step towards making India a net-zero or carbon-neutral country by 2050 and getting closer to attaining energy independence by 2047.

The scheme is likely to help realise lower costs due to increased demand and attain high quality benchmarked technology, as per the statement.

Image Source

Also read: CESL to establish another 900 EV charging stations in 2022

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..