Tamil Nadu to issue tender for 500 electric buses
after close1 source ↓written by the desknot a recommendation
- new tender
- 500 electric buses
- with contracts spanning
- 12 years
The Tamil Nadu government plans to float a new tender for 500 electric buses under the Gross Cost Contract (GCC) model, following World Bank approval. This revised approach aims to shift operations to private players, reducing costs and enhancing efficiency. The tender is expected to be issued within a week, with contracts spanning 12 years.
Not investment advice. For informational purposes only.