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

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement