
EVreporter.com
February 20, 2025 at 06:38 AM
JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto Limited (JBM Group), has secured a tender for the end-to-end execution of 𝟏,𝟎𝟐𝟏 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐁𝐮𝐬𝐞𝐬 and the development of allied electric and civil Infrastructure on GCC basis under the PM-eBus Sewa Scheme from Convergence Energy Services Limited.
The approximate order value of the tender stands at 𝐈𝐍𝐑 𝟓,𝟓𝟎𝟎 𝐂𝐫𝐨𝐫𝐞. These e-buses will be deployed in around 19 cities across Gujarat, Maharashtra and Haryana.
The project will be supported by a Payment Security Mechanism (PSM), ensuring timely payments to electric bus operators and enhancing financial sustainability for industry stakeholders.
With this order, the company’s order book now stands at 11,000+ electric buses in various execution stages.