1. Mahindra & Mahindra to supply 150 electric vehicles to EESL

Mahindra & Mahindra to supply 150 electric vehicles to EESL

State-run Energy Efficiency Services Limited (EESL) on Wednesday said automobile major Mahindra & Mahindra (M&M) has bagged a contract to supply it 150 electric vehicles.

By: | New Delhi | Published: October 5, 2017 5:38 AM
EESL, Mahindra and Mahindra, electric vehicles As per the order, EESL will source 150 electric vehicles from M & M in phase I of its mega tender process to procure 10,000 electric vehicles. (Reuters)

State-run Energy Efficiency Services Limited (EESL) on Wednesday said automobile major Mahindra & Mahindra (M&M) has bagged a contract to supply it 150 electric vehicles.

As per the order, EESL will source 150 electric vehicles from M&M in phase I of its mega tender process to procure 10,000 electric vehicles.

According to the state-run firm, post the tender opening, Tata Motors had emerged as the lowest bidder and M&M as the second lowest bidder.

“Mahindra has agreed to match the lowest bidding pricing for phase I and has therefore, qualified to supply 150 electric vehicles, as per the tender conditions,” the company under the administration of central government’s Ministry of Power said in a statement.

“The delivery date of electric vehicles for phase I is 30th November 2017.”

The purchase orders for supply of the rest of 9,500 electric vehicles is scheduled for the phase II.

“Both qualified parties, Tata Motors and Mahindra, will have the opportunity to supply their respective number of vehicles, as per the terms of the tender and Mahindra matching the lowest bid pricing for phase II,” the statement said.

EESL’s plans to replace the petrol and diesel cars used by government and its agencies over a 3-4 year period.

The total number of vehicles used by the government and its agencies is estimated to be five lakh.

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