5,000 E-cars for govt sector: Union minister launches programme

11 Nov 2024 CW Team

CESL’s initiative is aimed at increasing electric vehicle (EV) adoption within the government sector through a flexible procurement model, enabling departments to select E-Car models that suit their operational needs. CESL has already deployed close to 2,000 electric cars across the country and is facilitating the rollout of around 17,000 electric buses as part of its broader mission to support India’s net-zero emissions goal by 2070. “The 'EV as a Service' programme exemplifies CESL’s commitment to providing clean mobility solutions and accelerating India’s journey towards sustainable transportation,” Union Minister Manohar Lal stated at the event. "With initiatives like these, India is making significant strides towards a future where clean energy is integral to public transportation.”

Vishal Kapoor, MD & CEO, CESL, emphasized the alignment of the initiative with the PM E-DRIVE Scheme, a national programme aimed at fast-tracking India’s transition to electric mobility. “At CESL, the future of transportation is electric,” Kapoor said. “By driving EV adoption in government fleets, we are facilitating emissions reduction and enhancing energy security. This programme aligns stakeholders—from manufacturers and operators to policymakers—creating an ecosystem ready for large-scale EV growth.”

The launch event featured an exhibition of more than 100 electric vehicles, including e-bicycles, electric two-wheelers, three-wheelers, e-cargo pickups, and e-buses, showcasing the variety of e-mobility solutions available in India. Senior officers from the Ministry of Power, Ministry of Heavy Industries, and other government departments were present, alongside E-Mobility OEMs and industry representatives.

In a push towards green mobility, Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited (EESL), launched its ‘EV as a Service’ programme, targeting the deployment of 5,000 electric cars in government ministries and public sector units over the next two years. The programme was unveiled by Union minister of power and housing & urban affairs Manohar Lal at an event held at Major Dhyan Chand National Stadium. CESL’s initiative is aimed at increasing electric vehicle (EV) adoption within the government sector through a flexible procurement model, enabling departments to select E-Car models that suit their operational needs. CESL has already deployed close to 2,000 electric cars across the country and is facilitating the rollout of around 17,000 electric buses as part of its broader mission to support India’s net-zero emissions goal by 2070. “The 'EV as a Service' programme exemplifies CESL’s commitment to providing clean mobility solutions and accelerating India’s journey towards sustainable transportation,” Union Minister Manohar Lal stated at the event. With initiatives like these, India is making significant strides towards a future where clean energy is integral to public transportation.” Vishal Kapoor, MD & CEO, CESL, emphasized the alignment of the initiative with the PM E-DRIVE Scheme, a national programme aimed at fast-tracking India’s transition to electric mobility. “At CESL, the future of transportation is electric,” Kapoor said. “By driving EV adoption in government fleets, we are facilitating emissions reduction and enhancing energy security. This programme aligns stakeholders—from manufacturers and operators to policymakers—creating an ecosystem ready for large-scale EV growth.” The launch event featured an exhibition of more than 100 electric vehicles, including e-bicycles, electric two-wheelers, three-wheelers, e-cargo pickups, and e-buses, showcasing the variety of e-mobility solutions available in India. Senior officers from the Ministry of Power, Ministry of Heavy Industries, and other government departments were present, alongside E-Mobility OEMs and industry representatives.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..