September 3

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EESL places order for Nexon EV and Kona Electric

By Tirth Pandya

September 3, 2020


Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, Government of India, has placed another fresh order for the procurement of Nexon EV and Kona Electric after the first order of Mahindra e-Verito and Tata Tigor EV.

Energy Efficiency Services Limited (EESL) has placed a fresh order for the procurement of SUVs this time, after the first batch of compact sedans.

It has been ordered to procure 100 units of the Hyundai Kona Electric and 150 units of the Tata Nexon EV.

EESL awarding the order for Nexon EV and Kona Electric
EESL awarding the order for Nexon EV and Kona Electric

This procurement will utilize 5 Million from the recent grant provided by the Asian Development Bank (ADB). EESL has received financing from ADB towards the cost of scaling up and financing high priority areas like Demand Side Energy Efficiency Sector Projects.

Mr. Saurabh Kumar, Executive Vice Chairperson, EESL said, “A shift to EVs, facilitated by our e-mobility programme will reduce dependence on oil imports and promote power capacity addition in India. This will greatly enhance the energy security of the country and will also lead to reduction in GHG emissions from the transport sector. Furthermore, we’re also working on rapid establishment of EV charging stations, which will give a fillip to the electric vehicle sales, going forward”

EESL will procure Tata Nexon at INR 14.86 lakh each, INR 13,000 cheaper than its ex-showroom price of INR 14.99 lakh whereas, Hyundai Kona, which offers a higher range, will be procured at an 11% lower price band of INR 21.36 lakh and with a standard three-year warranty. These electric vehicles will replace the existing fleet of petrol and diesel vehicles of the Central and State Governments. EESL has already received an order for 300 Long Range EVs from The Agency for Non-Conventional Energy and Rural Technology (ANERT), Kerala to be supplied in initial phase.

Mr. Shailesh Chandra, President, Passenger Vehicle Business Unit, Tata Motors, said, “Electric mobility is gaining ground in the country and partnerships such as these are pivotal for building the requisite momentum. We have been partnering EESL and are pleased to provide more EVs to them for government use, enabling a smooth and sustainable transition to a future-oriented mobility solution. As the leader of the fast growing EV segment, Tata Motors is committed to popularise their access and use across India”

Mr. Seon Seob Kim, MD & CEO, Hyundai Motor India Ltd, said, “Guided by our vision ‘Progress For Humanity’, we have been developing eco-friendly and human centric technologies that provide the best experience for our customers. As a caring and responsible brand, it is our privilege to align with the government’s goal for clean energy and collaborate with all stakeholders to create a sustainable ecosystem for electric mobility. Hyundai will continue to bring world class eco-friendly products and technologies for Indian market contributing towards the cleaner and greener environment”


EESL plans to leverage efficiencies of scale and drive down costs through its innovative business model, while supporting local manufacturing facilities, gaining technical competencies for the long-term growth of the EV industry and enabling Indian EV manufacturers to emerge as major global players.

We hope that more and more manufacturers step-in the electric vehicle (EV) segment enabling more and more usage of zero emission vehicles which will be cleaner and greener for our environment.

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