Tamil Nadu to issue tender for 500 electric buses
pre-market1 source ↓written by the desknot a recommendation
- following World Bank
- 500 electric buses
- contract will span
- 12 years
- each
- ₹1.4 crore
The Tamil Nadu government plans to float a new tender for 500 electric buses following World Bank approval. The revised tender will incorporate the Gross Cost Contract (GCC) model, shifting operations to private players and reducing costs. The contract will span 12 years, with buses costing around ₹1.4 crore each.
Not investment advice. For informational purposes only.