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State-owned CESL on Monday said it has invited bids to lease out 3,500 electric vehicles for a period of up to 5 years. The bids have been invited from original equipment manufacturers (OEMs)/leasing agencies/NBFCs for leasing the 4-watt battery-based cars to various departments and autonomous bodies across 18 states and Union Territories for a tenure […]
State-owned Convergence Energy Services Ltd, a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL), on Tuesday said the prices discovered for the 6,465 electric bus tender were 29 per cent lower than what it costs to operate diesel buses. This unified tender constitutes demand for electric buses from six Indian states & UTs – Delhi, […]
Tata Motors on Thursday announced that it has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain 12-metre electric buses for a period 12 years, as per the contract. “Tata Starbus is an indigenously […]
State-owned Convergence Energy Services has tied up with fintech firm specialised in electric vehicle finance Three Wheels United for procurement of 70,000 electric three-wheelers in next five years. Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL) has signed a Memorandum of Understanding (MoU) with Three Wheels United (TWU) in this […]