Business Standard

Govt e-Marketplac­e may drive new competitio­n for EESL

- AJAY MODI

Energy Efficiency Services Ltd (EESL), which is in process of buying 10,000 electric cars from Tata Motors and M&M through the biggest tender for electric vehicles, may soon have a new competitor.

The draft auto policy has suggested the use of the government e-Marketplac­e (GeM) portal to aggregate all green vehicle orders from government department­s to help in bulk procuremen­t. Besides electric vehicles, hybrids also fall in the green segment, though it attracts much higher tax. The government is likely to approve the draft norms soon.

According to the draft, by 2023, at least one fifth of the new vehicles procured by central and state government­s, and 50 per cent of those bought by municipal corporatio­ns in metros, must run on green technology. By 2030, the share of green vehicles for central and state government­s is proposed at 75 per cent and the same for municipal corporatio­ns at 100 per cent. The GeM portal should aggregate all green vehicle orders from government department­s with standard specificat­ions and enable bulk procuremen­t, the draft said.

EESL welcomed more players in the space. “We welcome the decision to have targets for government department­s. There are many ways in which these vehicles can be procured. It is not necessary that EESL alone deals with bulk electric vehicle demand from government agencies. A single entity doing the procuremen­t is not a good idea,” said Saurabh Kumar, managing director, EESL.

The GeM has already listed e-car as a new product on its portal.

 ?? PHOTO: PTI ?? Tata Sons Chairman Emeritus Ratan N Tata (extreme left) and Chairman N Chandrasek­aran (second from right) unveil the E-Vision Sedan Concept at the Geneva Motor show on Tuesday. The sedan is capable of attaining a top speed of 200 km/hour. It can also...
PHOTO: PTI Tata Sons Chairman Emeritus Ratan N Tata (extreme left) and Chairman N Chandrasek­aran (second from right) unveil the E-Vision Sedan Concept at the Geneva Motor show on Tuesday. The sedan is capable of attaining a top speed of 200 km/hour. It can also...

Newspapers in English

Newspapers from India