Tata Motors secures 921 electric buses contract from Bengaluru Metropolitan Transport Corporation
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 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 developed vehicle with superior design and best-in-class features designed for sustainable and comfortable travel," a company statement said on Thursday.
BMTC Managing Director G Sathyavathi, was quoted as saying: "This order is paramount for Bengaluru's growing need for clean, sustainable urban mass mobility.
CESL MD and CEO Mahua Acharya, noted that the BMTC has placed its order for electric buses under the 'Grand Challenge of CESL'.
Tata Motors said it has already received orders for 1,500 electric buses from Delhi Transport Corporation and 1,180 electric buses from West Bengal Transport Corporation, in the last 30 days.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
02:00 PM IST