From: Hemen Parekh
Sent: 01 October 2017 11:18
To: Cabinet Ministers
Cc: 'ssbhalla@gmail.com'; 'ceo-niti@nic.in'; BJP National Executive; 'bibek.debroy@gov.in'; 'ashima@igidr.ac.in'; 'rathin@nipfp.org.in'; 'rr1@nipfp.org.in'; 'ratanp.watal@gov.in'; 'Gurudatt Kundapurkar'; Hemen Parekh; TV Anchors; 'skumar@eesl.co.in.'; vdwivedi@eesl.co.in; jsaujla@eesl.co.in
Subject: NATION WANTS TO KNOW
Waiting to be proved
wrong !
===========
In my earlier blog :
I had assumed following
figures :
·
ALL government departmental cars are driver driven
·
·
Run ( max ) of 100 km per day ( 20,000 km in 200 working days )
·
·
At 12,000 km / year , total cost ( fixed +
variable ) per km works out to Rs 22 , for a self driven
petrol car ( no salary of a chauffer ) - CRISIL Research Study
·
·
It would be safe to assume that this would
be Rs 25 / km for an Electric car
·
As against this , cost of hailing a UBER / OLA works
out to Rs 19 / km !
Now consider these assumptions in light of the
following :
·
Two days back , EESL
placed a order for purchase of 10,000 electric cars , at Rs
11.2 lakh each
( Total Value = Rs 1,120 crore )
·
·
EESL will lease out these cars to Government Departments / Agencies , at
a lease rent of Rs
45,000 per month (
Rs 540,000 per year ) – which , I assume , does not include a driver (
Hindustan Times / 30 Sept )
·
·
So , that works out to Rs 27 per km ,(
for 20,000 km / year ) , for the leasing department , without the salary of the driver
·
·
If the salary of that “ departmental driver “ is ( say ) Rs 300,000 per
year ( Rs 25,000 per month , inclusive of all perks / retirement benefits /
leave etc ) , then that would add another Rs 15 / km for annual 200,00 km
·
·
So , the total cost to the government department leasing the car from
EESL , adds up to Rs
42 / km ( Rs
27 + Rs 15 )
·
QUESTIONS :
If my
assumptions are correct ( I look forward to EESL
proving me wrong ! ), then following questions arise :
#
Why should government departments incur a cost / km of Rs 42 ,
when it could
hire
a UBER / OLA , for Rs 19 /
km ? An
extra of Rs 23 / km !
#
Eventually , when EESL manages to replace existing 500,000 government owned
(
petrol / diesel ) cars with Electric Cars , this extra cost could add up to Rs
2,300 Crore/year (5 Lakh
cars * 20,000 km per year * Rs 23 / km difference )
Is
this justified by saying : Since EESL is a government-owned company , this is
only transferring the money from one pocket to another : ?
#
As per report in Hindustan Times ( 30 Sept ) ,
Government departments are
currently paying Rs 50,000 per month for leasing cars from private agencies
( about 150,000 cars , out of a total of 500,000 cars )
Is it not entirely possible – and nearly certain –
that , if EESL tender was for “
Leasing instead of Buying “ , TATA and
M&M , would have quoted Rs 15 per
km
( inclusive of a driver ) , thereby saving the government , Rs 2,700 crore per
year ( 5 lakh cars * 20,000 km/year * Rs
27 / km : : Rs 42 – Rs 15 ) ?
#
Cost of Lithium-ion Battery constitutes between 50
% - 70 % of the Selling Price
of an Electric car . And this cost is dipping by approx. 20 % per year
So , the cost of that battery ( to TATA ) must be around Rs 6 lakh today , out of
its quoted price of Rs 11.2 lakh per car
Now , if 5,000 cars are likely to be delivered in 2018 and remaining
5,000 in 2019
then
the battery costs would drop to below Rs
5 lakh by 2019
Did the EESL incorporate a “ PRICE
DE-ESCALATION CLAUSE “ ,
in its tender ?
I
hope Arnab Goswami ( or anchor of any
other TV Channel ) gets to read this and then say :
NATION
WANTS TO KNOW !
Oct 2017
www.hemenparekh.in / blogs
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