EESL Tenders for 500 Electric Vehicles Under ADB Financing

EESL has tendered under financial assistance from the Asian Development Bank (ADB) for the procurement of 500 electric vehicles (EVs).

The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 500 electric vehicles (EVs). The vehicles will be procured in two categories: the first lot will include 200 sedan EVs with a range of at least 180 km, and the second lot will consist of 300 vehicles with a length of less than four meters and a range of at least 250 km.

The tender has been issued under financial assistance from the Asian Development Bank (ADB), which will provide financial aid to borrowers under this contract. The open competitive bidding will be conducted in accordance with ADB’s single-stage: two envelope bidding procedure, and there is no country restriction on this tender.

As per the tender, the vehicles will come with three years of warranty and a comprehensive annual maintenance contract (AMC). The contract will also include design, manufacture, on-site supply and maintenance support for electric cars on a pan-India basis.

The last date for bid submission is February 5, 2021, and the technical bids will be opened on the same date. The date and time of opening of the price bids will be informed to the technically responsive bidders later. A pre-bid meeting has been scheduled for January 12, 2021, to address the concerns raised by prospective bidders.

The bidder will have to submit an Earnest Money Deposit of Rs 47 lakh if bidding in the first lot, and Rs 85 lakh if bidding in the second. If a bidder does apply for both lots (nonbeing eligible), then they will have to furnish bid security of Rs 1.32 crore.

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In June, EESL had issued a similar tender for the procurement of 250 electric vehicles with ADB financing. The tender was issued for procurement under two categories the first lot with 100 EVs with length more than four meters and range of at least 300 kms, and the second lot of 150 vehicles with length less than four meters and range of at least 250 km.

In September, it was announced that Tata Motors and Hyundai Motor India were the two winners under the tender. The two auto majors had won the tender and now will supply 150 Nexon electric compact SUVs (Tata) and 100 Kona electric premium SUVs (Hyundai) respectively for government use.