Energy Efficiency Services (EESL) said on Wednesday Mahindra and Mahindra (M&M) has agreed to match the lowest bid made by Tata Motors for the first phase of its tender to procure 10,000 electric vehicles.
Five hundred units will be supplied in phase one, the delivery date for which is November 30. M&M has qualified to supply 150 electric vehicles in the first phase, while Tata Motors will supply 250 units. The details on the remaining 100 in phase one will be revealed at a later date.
The purchase orders for supply of the remaining 9,500 electric vehicles will be done in phase two, which will be issued on completion of phase one deliveries. Both Tata Motors and M&M will get an opportunity to participate in the second phase.
Saurabh Kumar, managing director, EESL, said: “The aim of this tender is in keeping with our government’s emphasis on electric vehicles to provide a clean and green tomorrow. We are happy that Indian conglomerates such as Tata Motors and Mahindra are participating in this global tender which embodies the ‘Make in India’ philosophy.”
Earlier, Tata Motors had emerged as the lowest bidder, while M&M was the second-lowest bidder.
Electric vehicles procured under the current tender will be used to replace petrol and diesel cars currently being used by the central government and its agencies over a period of three-four years. The tender floated by EESL, which is for 10,000 EVs, is the world’s largest single electric vehicle procurement initiative.