Switch has bid for buses in five slots; Pinnacle for three; and Travel Times for only one in Kerala
Five companies have bid for the largest tender for electric buses — 6,450 buses — in the country.
They include electric bus makers PMI Electro Mobility Solutions — which has a joint venture with Foton — Switch Mobility (an Ashok Leyland company), the Gurugram-based JBM group which is also into assembling electric buses, Pinnacle (India’s leading commercial vehicle and seating interiors company), and tour operators Travel Times.
State-owned Convergence Energy Services (CESL), a wholly-owned subsidiary of EESL, floated the tender for the electric buses on a gross cost contracting basis for a period of 10 years.
First Published: Dec 15 2022 | 11:00 PM IST