PM E-Drive Electric Bus Tender Sees Strong Industry Response

On December 27, India’s electric mobility push gained momentum as the PM E-Drive electric bus tender reached a key milestone with the completion of a large-scale procurement process. The tender, managed by Convergence Energy Services Ltd., attracted widespread participation, highlighting growing confidence in electric public transport deployment across major Indian cities.
The PM E-Drive electric bus tender concluded with bids received from 16 qualified participants for a total of 10,900 electric buses. The strong response reflects increasing readiness among manufacturers and fleet operators to scale electric bus operations under government-backed programs aimed at accelerating clean mobility adoption.
Strong Participation in PM E-Drive Electric Bus Tender
Convergence Energy Services Ltd., a wholly owned subsidiary of Energy Efficiency Services Ltd. and the government’s designated aggregation agency, oversaw the tendering process. The initiative was structured to bring together demand from multiple cities, enabling efficient procurement and faster deployment of electric buses under a centralized model.
Key highlights of the PM E-Drive electric bus tender include:

• Total tender size of 10,900 electric buses

• Participation from 16 manufacturers and operators

• Focus on large urban public transport networks

• Aggregated procurement to reduce costs and improve scalability

PMI Electro Mobility Emerges as Largest Bidder
Allocation letters issued under the PM E-Drive electric bus tender indicate that PMI Electro Mobility secured the highest volume of awarded buses. The company’s winning bids will support electric bus deployments under the Gross Cost Contract model, which allows public transport authorities to pay operators based on kilometers operated rather than vehicle ownership.
Planned deployments under the PM E-Drive electric bus tender span several high-demand urban markets, including:
1.Bengaluru
2.Delhi
3.Hyderabad
4.Ahmedabad
5.Surat
Implications for India’s Electric Bus Ecosystem
The outcome of the PM E-Drive electric bus tender signals a major step forward for India’s electric mobility ecosystem. By consolidating demand and ensuring predictable revenue models, the tender framework lowers entry barriers for operators while accelerating fleet electrification for city transport agencies.
With large-scale allocations now finalized, the PM E-Drive electric bus tender is expected to drive faster adoption of zero-emission buses, strengthen domestic manufacturing capabilities, and support India’s broader goals for sustainable urban mobility.