JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto Limited, has emerged as the L1 bidder and clinched a significant contract under the PM E-bus Sewa Scheme, awarded by Convergence Energy Services Limited (CESL).

The contract entails the procurement, supply, operation, and maintenance of 1,390 electric buses, approximately 65% of the total, as well as the development of associated electric and civil infrastructure.

Operating under the Gross Cost Contracting (GCC) framework, this domestic contract spans a time period of 12-18 months, with an approximate order value of Rs. 7,500 Crore.

This partnership marks a substantial step towards sustainable mobility in India, aligning with the government’s initiatives for eco-friendly transportation solutions.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *