GEDA has issued 2 EOIs for authorisation of manufacturers the distribution of battery-operated 2 and 3 wheelers in Gujarat.
The Gujarat Energy Development Agency (GEDA) has issued two expression of interests (EOI) calling out reputed manufacturers for their authorisation to the market and then the distribution of battery operated 2 and 3 wheelers.
The EOIs have been invited under the GEDA Subsidy Program for the financial year (FY) 2019-20, which is a continuation of the state’s annual exercise to support the adoption of electric vehicles in the western state.
The last date for submission of intent in response to the two EOI’s is August 6, 2019. All bidders are required to submit an Earnest Money Deposit of Rs 1 lakh and the cost of the battery-operated vehicles inclusive of GST and other taxes along with their bids.
Under this program, school students from standard 9th up to standard 12th and college students in the state of Gujarat will be eligible to purchase these vehicles at a subsidised rate. The state has fixed a tentative target of 1,000 such two-wheelers. If selected, the manufacturer will have to deposit Rs 1 lakh or 5% of the project cost (whichever is more) as the security deposit. As per the EOI, the state agency will provide a subsidy of Rs 10,000 to the students who buy these vehicles.
The selected manufacturer must provide a comprehensive warranty, against any manufacturing defect, for a minimum period of three years (including advance battery set from the date of sale of the vehicles). The security deposit will be retained as the performance guarantee by GEDA after March 31, 2020, and up to March 31, 2023. The selected manufacturer must achieve at least 50% of the target by October 31, 2019, and 100% before March 31, 2020. The targets allocated will be reviewed from time to time.
The state has also invited EoI for the authorisation of manufacturers for marketing and distribution of battery-operated three-wheelers (E-Rickshaws). For this, an interested manufacturer must submit Rs 150,000 as the EMD.
The state agency will provide a subsidy of Rs 40,000 to the citizens who buy these vehicles. GEDA has fixed a tentative target of 800 such three-wheelers for FY 2019-20. If selected, the manufacturer will have to deposit Rs 150,000 or 5% of the project cost (whichever is more) as a security deposit.
For these, the manufacturer will provide a warranty against any manufacturing defect for a minimum period of one year from the date of sale and two years of warranty for advanced batteries.
For more information about the three-wheeler scheme click here.