EESL to buy 250 electric vehicles from Tata Motors and Hyundai Motor India

Energy Efficiency Services Ltd under the Ministry of Power. (EESL) will purchase 250 electric vehicles from Tata Motors and Hyundai Motor India. The company said in a statement on Thursday that these electric vehicles will replace the existing petrol and diesel vehicles of the central and state governments. According to EESL, Tata Motors will supply 150 Naxon XZ Electric Compact SUVs (Sports Utility Vehicles) while 100 Kona Electric Premium SUVs will be purchased from Hyundai Motor. These two companies have been selected through an international bidding process.

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“Tata Motors and Hyundai Motor will purchase 250 electric vehicles from India,” said EESL, a joint venture of four undertakings under the Ministry of Power… NTPC, PFC, REC and Power Grid. Purchase orders were given to both the companies on Thursday. Also present on the occasion were Tata Motors CEO and Managing Director Gunter Butshek, Tata Motors President (Passenger Business Unit) Shailesh Chandra and Hyundai Motor India Director (Sales, Marketing and Services) Tarun Garg.

Dependence on oil imports will reduce

EESL Executive Vice President Saurabh Kumar said, “We are promoting electric vehicles under our e-vehicle program. By promoting the use of these vehicles, on the one hand, the dependence on oil imports is reduced, on the other hand the expansion of power capacity in the country will also be encouraged. This will improve the energy security situation of the country to a great extent and it will also help in reducing the emission of green house gases by the transport sector.

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“Apart from this, we are also working on setting up EV (electric vehicle) charging stations which will help in the sale of electric vehicles in the coming years,” he said. For this purchase, the Asian Development Bank (ADB recently ) Out of the grant of $ 5 million will be used. This grant has been awarded to EESL for high priority energy efficiency related projects and their funding.

Nexon is worth 14.86 lakhs

According to the statement, EESL will purchase Tata Nexon at a price of Rs 14.86 lakh (each). This is Rs 13,000 less than its ex-showroom price of Rs 14.99 lakh. While the Hyundai corner offering more range will be purchased at a price of Rs 21.36 lakh, which is 11% less price. These vehicles will be available with a standard three-year warranty. These electric vehicles will replace the existing petrol and diesel vehicles of the central and state governments. EESL has so far received orders for 300 long distance EVs from The Agency for Non-Conventional Energy and Rural Technology (ANERT) in Kerala.

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