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EESL to lose hold in e-car procurement for govt with entry of new rival

Draft policy suggesting use of GeM portal to aggregate green vehicle orders from govt depts likely to be approved soon

From Rs 90 cr to Rs 700 cr company: How LED bulbs lightened fortunes of EESL
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Ajay Modi Mumbai
Energy Efficiency Services Ltd or EESL, which is in the process of buying 10,000 electric cars from Tata Motors and M&M through the biggest tender for electric vehicles, may soon have to compete with another player. The draft auto policy has suggested use of the government e-Marketplace (GeM) portal to aggregate all green vehicle orders from government departments to enable bulk procurement. Besides electric vehicles hybrids also fall in the green segment though it attracts a much higher tax. 
The draft, which will soon receive a stamp of approval from the government, seeks to mandate a minimum share

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