Tata Motors, the country's largest commercial vehicle maker, today said it has bagged contracts worth Rs 2,200 crore for supply and maintenance of low-floor buses from the Delhi Transport Corporation (DTC).
The company said it has got orders from DTC to supply 1,625 ultra low-floor buses and their maintenance for 12 years.
The contract comprises about Rs 900 crore for the 1,625 buses and about Rs 1,300 crore for a 12-year maintenance contract for the buses, the company said in a statement.
This is the second consecutive occasion that the company has begged order from DTC. The first such order was in 2007 for 650 such buses and it was fulfilled in batches as per schedule in 2008, it added.