Myths and Facts about Electrical Bus tendering of BMTC

Electrical Bus tendering of BMTCDate
Myths and Facts about Electrical Bus tendering of BMTC (English)25/10/2018
Myths and Facts about Electrical Bus tendering of BMTC (Kannada)25/10/2018
Chronology of events25/10/2018


Annexure - 1
Proposal to Board for approval to avail funds from DHI under FAME scheme was placed
Initial Proposal of BMTC thorugh a DPR for 150 EV buses submitted to DHI, GoI
Notification of DHI on two levels of incentive at 60% of purchase cost at Rs 85 lakhs and Rs 1.00 Crore on 15% and 35% localization
EoI was invited by DHI and Dept of Industries and Commerce GoK submitted the proposal on behalf of GoK which included BMTC requirement of EV buses
 Tender for 150 EV buses were floated
 DHI, GoI sanctioned 80 EV buses in Two batches of 40 each
Clarification were provided to DHI on BMTC proposal of GCC with views and inputs.
  Two rounds of Pre-bid meeting were convened, clarifications sought by prospective bidders in the tender
  Tender scrutiny of 150 EV bus tender was convened.
Approval for awarding tender was obtained through Circulation of Board note in view of time line fixed by DHI, GoI.
LoI for 40 EV Premium AC buses of first lot was given to M/s Gold Stone
Additional 40 EV buses sanctioned by DHI.
LoI for 20 Premium AC and 20 Non AC EV buses was given to M/s Goldstone.
Board ratified the action taken through Circulation Board Note.
DHI letter No 1(07)/2017-NAB.II, dated 21.05.2018. Informed BMTC about the Benchmarking Price and the eligible incentive amount for both types of Buses and sought acceptance of BMTC for said price and proportional Joint ownership
Board Accorded approval for joint ownership of EV buses if DHI does not agrees for request to reconsider its decision on Joint Ownership.
DHI, GoI again insisted on Joint Ownership of EV buses and to accept the Benchmarked Price of EV buses
BMTC decision on acceptance of Joint ownership was conveyed to DHI.
DHI informed BMTC to get registered in PFMS to avail the incentive.
The requisite documents like Pre-receipt, Undertaking were submitted to DHI, for release of first instalment of Rs 14.85 Cr. The PFMS registration is completed and first instalment of incentive is awaited,.