E-bus tender delayed due to Ashok Leyland court case
pre-market1 source ↓written by the desknot a recommendation
- under the PM
- 10,900 electric bus tender
The 10,900 electric bus tender under the PM E-DRIVE scheme has been delayed as Convergence Energy Services missed the December 19 deadline for announcing successful bidders. This follows a request from Ashok Leyland to defer the finalization due to a pending Delhi High Court case. The outcome remains uncertain, impacting manufacturers' plans.
Not investment advice. For informational purposes only.