NVVN Invites Bid For Operation Of 90 Electric Buses In Bengaluru

NTPC Vidyut Vyapar Nigam Limited (NVVN) has invited bids on a limited tender bidding basis, for the operation of 90 nos. Electric buses for 10 years in Bengaluru.

The scope of the proposal includes the operation of 90 nos. electric buses in the city of Bengaluru. The broad scope of the proposal includes the operation of the electric buses on given routes in the city as per the statutory rules and regulations in the state of Karnataka adhering to the time schedules indicated by NVVN & Authority. The scope also includes regular day to day cleaning, maintenance activities other than covered under Annual Maintenance Contract by bus manufacturers and providing all other consumables required for operations, making timely payments towards annual insurance premiums, roadworthiness/fitness certificate, RTO charges, penalties levied upon by local authorities for non- compliance of rules & regulations and all the other statutory taxes and duties payable for uninterrupted operations of the buses.

Earnest Money Deposit(EMD) of Rs 20 lakh should be submitted by bidders along with their bids. The last date for bid submission is 16-03-2020 at 05:00 PM, and the tender bids will be opened on March 17, 2020, at 12:00 PM. The validity of bids is for 180 days and the period of work is 3650 days.

The document highlighted that any bid not accompanied by the requisite bid security in an acceptable form in a separate sealed envelope or bids accompanied by a bid security of inadequate value shall be rejected by the employer as non-responsive and shall be returned to the bidders without being opened.

In November, NTPC was working strongly on electric vehicle charging infrastructure.NTPC has previously mentioned that it has signed pacts with cab aggregates Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for the creation of charging infrastructure for electric vehicles. The collaboration with these aggregators will lead to the development of charging infrastructure for various vehicle segments as well as effective utilization of public charging infrastructure, NTPC had said.

NTPC Vidyut Vyapar Nigam Ltd. (NVVN) is formed by NTPC Ltd, as its wholly owned subsidiary to tap the potential of power trading in the country,to promote optimum capacity utilization of generation and transmission assets in the country and act as a catalyst in development of a vibrant electricity market in India. NVVN is holding the highest category ‘I’ license as per latest CERC regulation.