[wheelguy]

Owing to payment security risks in states with weaker transport departments and tough bidding conditions, Electric bus suppliers in various 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.

The bidders blamed the tender documents and payment security risks in several of the state transport utilities. “The bids were placed considering the risks associated with the state departments and also factors like zero escalation in bid documents issued by some of the agencies,” one of the bidding firms said.

Full article at: https://auto.economictimes.indiatime...cheme/72152528