MTC Invites Bids To Procure 600 E-Buses, Project Tally To Reach 1,100
ECONOMY & POLICY

MTC Invites Bids To Procure 600 E-Buses, Project Tally To Reach 1,100

The Metropolitan Transport Corporation (MTC), invited bids to procure 600 electric low-floor buses through a Gross Cost Contract (GCC) under the World Bank-funded Chennai City Partnership project. This will bring the total number of e-buses to hit Chennai roads to 1,420. In the second phase of the partnership project, the MTC has planned to procure 400 AC and 200 non-AC electric buses on a GCC basis, paying the contractor on a 'per km' basis. Per the tender provision, the bus procurement number could increase by up to 25 per cent. In the first phase, MTC placed orders to procure 500 electric low-floor buses including 100 AC buses and deliveries of the buses are expected from April 2025. A senior MTC official said the corporation would receive 1,420 electric low-floor buses - of which 820 would be AC buses and 600 non-AC buses.Under the GCC model, electric buses proposed to be procured will be operated and maintained by a private company. In other words, the electric buses will be operated under a public-private-partnership model wherein the company will provide the drivers while the conductors will be from the MTC. The technically qualified company would be selected based on the cost per km charge they quoted. The company will operate the electric buses from one point to another at an MTC fixed fare. The transport corporation has awarded a contract to OHM Global Mobility Pvt Ltd, a subsidiary of Ashok Leyland and Switch Mobility, for the procurement of 500 low-floor electric buses, including 100 AC buses, in the first phase. Under the GCC model, the private sector would be responsible for fleet provision and operations. The MTC would pay Rs 77.16 per km for non-AC e-buses and Rs 80.86 per km for AC e-buses. The Institute of Road Transport has floated a separate tender to procure 500 low-floor electric buses, including 320 buses for MTC, 100 for TNSTC Madurai and 80 for TNSTC Coimbatore, under the KfW-funded Climate Friendly Urban Mobility project.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Metropolitan Transport Corporation (MTC), invited bids to procure 600 electric low-floor buses through a Gross Cost Contract (GCC) under the World Bank-funded Chennai City Partnership project. This will bring the total number of e-buses to hit Chennai roads to 1,420. In the second phase of the partnership project, the MTC has planned to procure 400 AC and 200 non-AC electric buses on a GCC basis, paying the contractor on a 'per km' basis. Per the tender provision, the bus procurement number could increase by up to 25 per cent. In the first phase, MTC placed orders to procure 500 electric low-floor buses including 100 AC buses and deliveries of the buses are expected from April 2025. A senior MTC official said the corporation would receive 1,420 electric low-floor buses - of which 820 would be AC buses and 600 non-AC buses.Under the GCC model, electric buses proposed to be procured will be operated and maintained by a private company. In other words, the electric buses will be operated under a public-private-partnership model wherein the company will provide the drivers while the conductors will be from the MTC. The technically qualified company would be selected based on the cost per km charge they quoted. The company will operate the electric buses from one point to another at an MTC fixed fare. The transport corporation has awarded a contract to OHM Global Mobility Pvt Ltd, a subsidiary of Ashok Leyland and Switch Mobility, for the procurement of 500 low-floor electric buses, including 100 AC buses, in the first phase. Under the GCC model, the private sector would be responsible for fleet provision and operations. The MTC would pay Rs 77.16 per km for non-AC e-buses and Rs 80.86 per km for AC e-buses. The Institute of Road Transport has floated a separate tender to procure 500 low-floor electric buses, including 320 buses for MTC, 100 for TNSTC Madurai and 80 for TNSTC Coimbatore, under the KfW-funded Climate Friendly Urban Mobility project.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement