PMI Electro Wins Half of India's Mega 10,900 E-Bus Tender

India's Convergence Energy Services Ltd (CESL) has concluded its mega tender for 10,900 electric buses under the PM E-Drive Scheme. PMI Electro Mobility emerged as the top bidder, securing orders for 5,210 buses, nearly half of the total. This initiative aims to electrify urban public transport across several Indian cities.

• Centre successfully concluded tendering process for 10,900 e-buses.
• PMI Electro Mobility secured 5,210 buses, nearly half the total.
• Tender was under the Prime Minister E-Drive Scheme by CESL.
• EKA Mobility and Olectra also won significant bus orders.
• Discovered prices for e-buses were lower than initial estimates.
• Buses to be deployed in major cities like Bengaluru, Delhi, Hyderabad.

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