CESL inks pact for 70,000 E3Ws
POWER & RENEWABLE ENERGY

CESL inks pact for 70,000 E3Ws

An agreement to purchase 70,000 electric three-wheelers (E3Ws) to be deployed in phases across India over the course of five years was signed by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), and Three Wheels United (TWU), a global fintech company that specialises in EV financing.

The initial purchase of these electric three-wheelers by Three Wheels United would be for deployment in Bengaluru and Delhi. They are typically priced at INR 3 lakh and INR 3.5 lakh for passenger and cargo categories, respectively. TWU will also expand to other cities as demand increases there.

In accordance with this partnership, CESL will consolidate high quality demand for electric three-wheelers throughout several Indian cities by igniting the market through proactive outreach and electric mobility awareness raising. The demand that CESL has already seen from many cities around the nation will be added to by this.

An agreement to purchase 70,000 electric three-wheelers (E3Ws) to be deployed in phases across India over the course of five years was signed by Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), and Three Wheels United (TWU), a global fintech company that specialises in EV financing. The initial purchase of these electric three-wheelers by Three Wheels United would be for deployment in Bengaluru and Delhi. They are typically priced at INR 3 lakh and INR 3.5 lakh for passenger and cargo categories, respectively. TWU will also expand to other cities as demand increases there. In accordance with this partnership, CESL will consolidate high quality demand for electric three-wheelers throughout several Indian cities by igniting the market through proactive outreach and electric mobility awareness raising. The demand that CESL has already seen from many cities around the nation will be added to by this.

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000