Mumbai to get Tata’s hybrid bus
Tata Motors is all set to supply 25 hybrid buses powered by battery and diesel for ferrying people to and from the Bandra Kurla Complex (BKC), the first of its kind in India.
Tata Motors is all set to supply 25 hybrid buses powered by battery and diesel for ferrying people to and from the Bandra Kurla Complex (BKC), the first of its kind in India.
The automobile manufacturer, which has received a letter of intent from with the Mumbai Metropolitan Regional Development Authority (MMRDA), would be inking the final agreement within two or three days. The value of the contract is estimated to be around Rs 50 crore with each bus costing just over Rs 2 crore.
“We have received the letter of intent and we are about to sign an agreement, which will confirm the order. The contract is likely to be signed in 2-3 days and the pricing details are still being negotiated. In an earlier bid, we had put a price tag of Rs 2 crore per such bus,” said Ravi Pisharody, executive director, commercial vehicles at Tata Motors.
While speaking to reporters here, he said this project is the first of its kind in the country as its earlier effort to negotiate a similar deal with the authorities in Bengaluru failed due to financial difficulties.