Tata Motors sweeps Rs 5,000 cr e-bus government tender - Economic Times

The buses will benefit from the central government subsidy offered under the remodeled FAME II scheme administered by the Ministry of Heavy Industries. “With the very low discovered prices under the Grand Challenge, a savings of approximately Rs 361 crore of …

Tata Motors has swept the largest 5,450 electric bus tender worth Rs 5,000 crore, under which prices of the vehicles dropped by upto 40%. According to sources, the company emerged as the lowest bidde… [+3089 chars]

full article...