Convergence Energy Services Ltd (CESL), a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL) has placed a Letter of Award in favor of Tata Motors for procurement of 300 electric cars with three years of warranty.
This will consist of 300 four-wheeler electric cars and range equal to or more than 250 KMs, the company said in a statement.
This contract is a part of Scaling up Demand Side Energy Efficiency Sector Project financed by the Asian Development Bank
line of credit to CESL.
CESL will work with Tata Motors to deploy these vehicles to government entities looking to change over to electric vehicles, the company said.
“Electric vehicles are the future. I am so pleased that more and more Government entities in India are switching over to
electric transport. Our association with Tata Motors is a good development for the future of mobility in India,” CESL Chief Executive Officer and Managing Director Mahua Acharya said.
The total cost of tender is approximately 44 crores rupees. The tender will be implemented in two schedules- under the first schedule, 300 cars with three years warranty will be procured at a base price of 14.33 lakh rupees per unit, exclusive of GST.
The second schedule will involve inland transportation, including loading, unloading, transfer to designated location, transit insurance, and other costs incidental to the delivery of vehicles.
This will be done at a cost of 21,000 rupees per unit.
“Tata Motors is committed to support the Government’s vision of actively embracing e-mobility and we are delighted to
partner with CESL once again… As the leader in the rapidly growing Electric Mobility space, we remain focused on ramping up the access and use of EVs across India,” said Shailesh Chandra, President, Passenger Vehicle Business Unit, Tata Motors.
