MoneyWorks4Me

JBM Auto’s arm bags order worth Rs 7500 crore

19 Mar 2024 Evaluate

JBM Auto’s subsidiary -- JBM Ecolife Mobility has been declared as L1 and awarded the tender as a bus operator for Procurement, Supply, Operation and Maintenance of 1,390 Electric Buses (around 65%) and development of allied electric and civil Infrastructure on Gross Cost Contracting (GCC) under the PM-eBus Sewa Scheme. The company has on March 19, 2024 acknowledged the Letter of Confirmation of Quantities eligible for award as issued by Convergence Energy Services (CESL). The size of order is around Rs 7500 crore. 

JBM Auto is the flagship company of JBM Group.

Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2613.00
Bosch 47800.00
UNO Minda 1207.10
Bombay Burmah Trdg. 1399.55
View more..