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Centre extends bid deadline for electric buses under PM E-Drive

pre-market1 source ↓written by the desknot a recommendation

under the PM
6,230 electric buses
now set
9 Apr 2023

The Centre has deferred the bid deadline for 6,230 electric buses under the PM E-Drive scheme by one month, now set for 9 Apr 2023. The tender, managed by Convergence Energy Services Ltd (CESL), aims to enhance electric mobility across five cities, with Delhi receiving 3,330 buses. This extension may impact manufacturers and fleet operators involved in the electric vehicle sector. ⚡

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Mar 2026, 07:13 IST.

Sourcesnews.google.com

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