Convergence Energy issues EOI for electric three wheelers in India
ROADS & HIGHWAYS

Convergence Energy issues EOI for electric three wheelers in India

An expression of interest (EoI) has been issued by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), to empanel original equipment manufacturers (OEMs) to supply electric three-wheelers (e-rickshaws) in India.

Designing, engineering, manufacturing, testing, inspecting, supplying, transporting, and providing complete system warranty and after-sales support would be included in the scope of work.

The deadline for bid submissions is July 26, 2021, and the bids will be opened on that date. On July 13, a pre-bid meeting will be held.

CESL will deploy the e-rickshaws under the needs of the end-users and product availability to meet the functional requirements within the seven-day timeframe specified in the letter of award.

All micro and small enterprises (MSEs) are exempt from paying the security deposit if they can show proof of registration as an MSE (with the validity date) with any of the agencies listed in the Ministry of Micro, Small, and Medium Enterprises notification.

According to the company, MSE suppliers will receive 25% of the tender quantity. MSEs owned by Scheduled Caste and Scheduled Tribe entrepreneurs will be eligible for 4% of the reserved percentage, while MSEs owned by women will be eligible for 3%.

The OEM must be an e-rickshaw manufacturer and not be on any government agency or public sector undertaking's blacklist to participate in the bidding process. The OEM should have experience producing at least 100 e-rickshaws per year.

Moreover, the OEM must have sold a minimum of 500 e-rickshaws per year or a total of 1,000 e-rickshaws in the previous three years. Alternatively, for pure electric vehicle-based businesses, the OEM must have sold at least 100 e-rickshaws since the company's inception.

The OEM's product must meet the functional and technical requirements outlined in the EoI.

According to the document, as a designated agency, EESL will aggregate demand for 300,000 e-rickshaws from various user segments.

The Department of Heavy Industries had previously announced some changes to the FAME-II programme. For multiple user segments, demand aggregation has been identified as the key to bringing the upfront cost of e-rickshaws down to parity with internal combustion engine vehicles.

Image Source


Also read: Hinduja Group's EV arm Switch Mobility has been officially launched

Also read: E-mobility: Siemens, Switch Mobility partner for projects in India

An expression of interest (EoI) has been issued by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), to empanel original equipment manufacturers (OEMs) to supply electric three-wheelers (e-rickshaws) in India. Designing, engineering, manufacturing, testing, inspecting, supplying, transporting, and providing complete system warranty and after-sales support would be included in the scope of work. The deadline for bid submissions is July 26, 2021, and the bids will be opened on that date. On July 13, a pre-bid meeting will be held. CESL will deploy the e-rickshaws under the needs of the end-users and product availability to meet the functional requirements within the seven-day timeframe specified in the letter of award. All micro and small enterprises (MSEs) are exempt from paying the security deposit if they can show proof of registration as an MSE (with the validity date) with any of the agencies listed in the Ministry of Micro, Small, and Medium Enterprises notification. According to the company, MSE suppliers will receive 25% of the tender quantity. MSEs owned by Scheduled Caste and Scheduled Tribe entrepreneurs will be eligible for 4% of the reserved percentage, while MSEs owned by women will be eligible for 3%. The OEM must be an e-rickshaw manufacturer and not be on any government agency or public sector undertaking's blacklist to participate in the bidding process. The OEM should have experience producing at least 100 e-rickshaws per year. Moreover, the OEM must have sold a minimum of 500 e-rickshaws per year or a total of 1,000 e-rickshaws in the previous three years. Alternatively, for pure electric vehicle-based businesses, the OEM must have sold at least 100 e-rickshaws since the company's inception. The OEM's product must meet the functional and technical requirements outlined in the EoI. According to the document, as a designated agency, EESL will aggregate demand for 300,000 e-rickshaws from various user segments. The Department of Heavy Industries had previously announced some changes to the FAME-II programme. For multiple user segments, demand aggregation has been identified as the key to bringing the upfront cost of e-rickshaws down to parity with internal combustion engine vehicles. Image Source Also read: Hinduja Group's EV arm Switch Mobility has been officially launched Also read: E-mobility: Siemens, Switch Mobility partner for projects in India

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Get CW App