JBM Ecolife Mobility, a subsidiary of JBM Auto Restricted, has clinched a contract to function 1,390 electrical buses underneath the PM-eBus Sewa Scheme.
The corporate emerged as the highest bidder, successful the tender for the procurement, provide, operation, and upkeep of roughly 65% of the entire electrical buses. Moreover, the contract encompasses the event of important electrical and civil infrastructure on a Gross Value Contracting (GCC) foundation.
The order, awarded by Convergence Vitality Providers Restricted (CESL), signifies a big stride in the direction of sustainable mobility in India. JBM Ecolife Mobility confirmed receipt of the Letter of Affirmation of Portions eligible for award from CESL on March 19, 2024, solidifying its function within the formidable eBus initiative.
The phrases of the contract define a timeline of 12-18 months for execution, indicating a swift deployment of electrical buses throughout designated routes. With an approximate order worth of INR 7,500 cr, this contract stands as one of many largest within the electrical mobility sector in India.
