CES Ltd. News and Updates

Keep track of all breaking news on CES Ltd. from all sources in a single place.

28 Feb 2025

Motovolt Mobility Bags CESL Tender To Supply E-Bicycles To Rural Women Entrepreneurs

NDTV Profit

The company has secured the 'Sustainable Transport for Rural Entrepreneurs through Electric Cycles' project tender from Convergence Energy Services Ltd., a wholly-owned company of EESL

Motovolt Mobility bags CESL tender to supply e-bicycles to rural women entrepreneurs

Business Line | 28 Feb 2025

CES Ltd.

14 Mar 2024

CESL Floats Rate Contract For 1,000 E-Cars

NDTV Profit

The rate contract is under the 'EV as a Service' model developed by CESL and will target to deploy 1,000 e-cars across India in the first phase, the company said in a statement.

CES Ltd.

16 Aug 2023

e-Bus scheme, announced two years ago, different than CESL program

Business Line

Govt to provide 20,000 crore support over 10 yrs

CES Ltd.

01 Jun 2023

Former CESL chief Mahua Acharya joins C-Quest Capital

livemint

Acharya is rejoining CQC after previously serving as CEO of its India business, where she led the implementation of a groundbreaking large-scale energy efficiency program for Indian households using carbon finance.

Former CESL chief Mahua Acharya joins C-Quest Capital

Business Line | 01 Jun 2023

CES Ltd.

29 Jan 2023

Financing e-buses will need 25,000 crore: Former CEO, CESL

Business Line

STCs to focus on transitioning away from owning buses to delivering mobility, whilst upgrading its workforce and managing employment: Acharya

CES Ltd.

19 Jan 2023

Vishal Kapoor takes over additional charge of CESL CEO

Business Line

Kapoor will be looking after the business portfolios of electric mobility, carbon financing and battery energy storage

CES Ltd.

10 Jan 2023

GreenCell Mobility bags order for 570 electric buses from Delhi government

Business Standard

Shared e-mobility player GreenCell Mobility Ltd (GreenCell) on Monday said it has bagged an order for 570 electric buses from the Government of NCT Delhi. A tender was floated by state-owned Convergence Energy Services Ltd (CESL) under National E-bus Program (NEBP) for the order, the company said in a statement. "This contract for 6,465 E-buses under Gross Cost Contracting (GCC) basis is the largest tender for E-buses ever floated in India," it said. GreenCell had bid for 1,900 low-floor e-buses, in the tender floated by CESL, a government of India undertaking, and got a contract for 570 e-buses to be deployed over the next two years.

CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years

Business Standard | 09 Jan 2023

CES Ltd.

05 Jan 2023

CESL wants to set up 1,000-cr payment guarantee fund for e-buses

Business Line

A major concern of the bidders has been the question, what is the guarantee that the Sstate transport undertakings (STUs) will pay their dues

CESL floats tender for 4,675 e-buses

Business Line | 05 Jan 2023 5 more

CES Ltd.

03 Jan 2023

CESL tender discovers 29% lower price for e-buses than diesel buses

livemint

The value of the tender is over 30,800 crore. The buses are expected to run around 5,718 million kilometres over 12 years, saving 1,842 million litres of fossil fuel.

CESL tender discovers 29% cheaper price for electric buses vs diesel ones

Business Today | 03 Jan 2023 2 more

CES Ltd.

02 Dec 2022

Mahua Acharya resigns as managing director, CEO of state-owned CESL

Business Standard

Mahua Acharya, MD and CEO of state-owned Convergence Energy Services Ltd (CESL) has resigned from the top post. "This is to convey notice of my resignation from the post of Managing Director (MD) and Chief Executive Officer (CEO) of CESL including the post of Head Convergence as was originally advertised. In line with contractual requirements, my last day will be 13th January, 2023," she said in the resignation letter to Vishal Kapoor, CEO of parent firm EESL. Acharya further said she would also like to resign from the company's board as well and requested for appropriate resolution to be passed in this regard. However, she did not elaborate on the reasons for her resignation in the letter dated November 28. CESL is focused on delivering clean, affordable and reliable energy. It is a subsidiary of Energy Efficiency Services Ltd (EESL) -- a joint venture of public sector companies under Ministry of Power.

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