E-bus suppliers quote high prices for tenders under FAME II scheme

Owing to payment security risks in states with weaker transport departments and tough bidding conditions, Electric bus suppliers in variosu states are quoting higher prices in tenders. The lowest quote received by Dehradun Smart City Ltd for 12-metre buses in the recent tender is Rs 90.90 per km and Rs 73.80 per km for a 9-metre bus.

from Auto-Industry-Economic Times https://ift.tt/2QCLwYY