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					</table><p>Convergence Energy Services Limited (<a href="https://eeslindia.org/en/cesl/" target="_blank" rel="noopener">CESL</a>), a wholly owned subsidiary of Energy Efficiency Services Limited (<a href="https://eeslindia.org/en/home/" target="_blank" rel="noopener">EESL</a>), said that the prices discovered for the largest e-bus tender (6,465 electric buses) under Phase I of the National Electric Bus Program were 29% lower than the diesel vehicles.</p>
<p>The lowest price discovered for operating a 12-meter bus (intra-city) stood at ₹54.3($0.66)/km and was ₹ 39.8 ($0.48)/km for a 12-meter bus (intercity). Prices for a 9-meter bus came in at ₹54.46 ($0.66)/km and was ₹61.92 ($0.75)/km for a 7-meter bus.</p>
<p>The prices do not include subsidies.</p>
<p>CESL was mandated by NITI Aayog to implement a national program of 50,000 e-buses.</p>
<p>The first tender under the National Electric Bus Program constitutes the demand from six states and union territories UTs &#8212; Delhi, Telangana, Haryana, Surat (Gujarat), Kerala, and Arunachal Pradesh. The value of the tender was over ₹308 billion ($3.7 billion).</p>
<p>E-buses will be deployed both within city limits and on intercity routes, with the latter being able to travel about 325 kilometers on a single charge.</p>
<p>The buses are expected to operate around 5,718 million kilometers over twelve years, saving 1,842 million liters of fossil fuel and approximately cut 4.62 million tons of CO2 emissions.</p>
<p>CESL said that the prices set a benchmark for public transport and may encourage even the smaller cities to adopt electric vehicles. It added that the price discovery represents electric mobility as a “service” that makes it affordable for state transport undertakings to adopt electric buses.</p>
<p>Mahua Acharya, MD &amp; CEO, CESL, said the tender is a part of the central government’s target to deploy 50,000 e-buses on the roads in the next few years, whilst strengthening, modernizing, and greening public transport in India.</p>
<p>Private operators under the Gross Cost Contract model can bring their buses and operate them for 10 to 12 years against pre-determined conditions in the tender. The state transport undertakings on their part will pay a fee for the bus service.</p>
<p>The contract will benefit under the “<a href="https://mercomindia.com/daily-news-wrap-up-approved-list-models-solar-manufacturers/" target="_blank" rel="noopener">Grand Challenge</a>” process and will be eligible to gain from a payment security fund which is under consideration by the Centre.</p>
<p>In a recent development, electric vehicle sales in India <a href="https://mercomindia.com/ev-sales-clocked-record-one-million-units-2022/" target="_blank" rel="noopener">reached</a> a record one million units in 2022, a jump of over 300% against the 322,877 units sold in 2021.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gautamee-hazarika/" class="vcard author" rel="author"><span class="fn">Gautamee Hazarika</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Gautamee,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gautamee-hazarika/" target="_blank" rel="noopener">More articles from Gautamee.</a><br />
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<a href="gautamee@mercomindia.com" target="_blank" rel="noopener">gautamee@mercomindia.com</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="102" height="102" /><a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">Gautamee</a> is a reporter at Mercom India. Prior to Mercom, Gautamee was working as a multimedia news journalist at ThePrint in New Delhi. She has received her Bachelors in English Honors and Masters in English Literature from St.Stephen&#8217;s College, University of Delhi.<a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">More articles from Gautamee</a></div>
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Prices Discovered in Electric Bus Tender 29% lower than Diesel Buses: CESL

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