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
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement