CESL invites bids to acquire 5,580 electric buses
POWER & RENEWABLE ENERGY

CESL invites bids to acquire 5,580 electric buses

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

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

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement