Tata Motors bags order from CESL for 300 EVs

By Aditya Jadhav | on May 21, 2021

Tata Motors will supply 300 EVs to Convergence Energy Services Limited (CESL) in a phased manner. All the EVs procured will be commissioned by government agencies across the nation

Tata Motors has received a Rs 44 crore tender from Convergence Energy Services Limited (CESL) for 300 EVs that will serve in government agencies across the nation. The contract is a part of Scaling up Demand Side Energy Efficiency Sector Project financed by the Asian Development Bank line of credit to CESL.

The contract will be fulfilled in two stages. In the first stage, 300 EVs that measure less than four metres in length and are offered with a three-year warranty will be procured at a base price of Rs 14.33 lakh per unit (excluding GST). The EVs should also have a real-world range of 250km or more. In the second stage, the EVs will be transported via inland routes by Tata Motors to the designated location. The inland transportation will be done at a per unit cost of Rs 21,000 that will cover loading, unloading, transit insurance, and other incidental costs.

Tata currently produces the Tigor EV and the Nexon EV. The all-electric version of the Altroz is in the development stages and could make a debut sometime by the end of this year. The Nexon EV meets the required criteria as the electric crossover measures 3,994mm in length and has a claimed range of 312km. The prices for the Nexon EV range between Rs 13.99-16.56 lakh (ex-showroom). It hasn’t been confirmed, but CESL could consider procuring the Nexon EVs as it meets the requirements and Tata has sold over 4,000 units of the same since its launch in January 2020 – making it a popular and successful product of its kind.

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Tags: Tata Tata Nexon

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