NMPML plans new bid for 50 e-buses
ROADS & HIGHWAYS

NMPML plans new bid for 50 e-buses

The transport wing of the Nashik Municipal Corporation (NMC), known as Nashik Mahanagar Parivahan Mahamandal (NMPML), has announced its intention to launch a new tender for the purchase and operation of 50 electric buses.

Previously, the NMC had issued bids and granted two extensions due to the limited response, with only two private companies submitting bids. According to regulations, if there are fewer than three bids, it is necessary to provide two extensions.

An NMPML official stated, "During the assessment of the technical bids, one of the two companies was disqualified, and the financial bid has yet to be revealed. Therefore, we are planning to initiate a fresh bid to attract more companies. This will promote competitiveness and provide the transport organization with better pricing options."

The NMPML is eager to introduce the electric buses in July of this year, coinciding with its second anniversary, the official added.

For the procurement of buses, the civic body will allocate Rs 250 million to the relevant agency. Consequently, the agency will offer reduced charges for operating the bus service.

The operational cost for the current bus fleet is Rs 80 per km, whereas the operational cost for the electric buses will be Rs 60 per km. The price difference will assist the civic body in minimising its losses.

Also read:
Telangana unveils plans to expand Hyderabad Metro network
MMRDA eases traffic by removing 84 km barricades from Mumbai Metro

The transport wing of the Nashik Municipal Corporation (NMC), known as Nashik Mahanagar Parivahan Mahamandal (NMPML), has announced its intention to launch a new tender for the purchase and operation of 50 electric buses. Previously, the NMC had issued bids and granted two extensions due to the limited response, with only two private companies submitting bids. According to regulations, if there are fewer than three bids, it is necessary to provide two extensions. An NMPML official stated, During the assessment of the technical bids, one of the two companies was disqualified, and the financial bid has yet to be revealed. Therefore, we are planning to initiate a fresh bid to attract more companies. This will promote competitiveness and provide the transport organization with better pricing options. The NMPML is eager to introduce the electric buses in July of this year, coinciding with its second anniversary, the official added. For the procurement of buses, the civic body will allocate Rs 250 million to the relevant agency. Consequently, the agency will offer reduced charges for operating the bus service. The operational cost for the current bus fleet is Rs 80 per km, whereas the operational cost for the electric buses will be Rs 60 per km. The price difference will assist the civic body in minimising its losses. Also read: Telangana unveils plans to expand Hyderabad Metro networkMMRDA eases traffic by removing 84 km barricades from Mumbai Metro

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code