Thank You, Smt Mahua Acharyji ( MD - CESL )

 

Thank You CESL : for that OPEX model

 

 

Context :

CESL launches tender for over 5K electric buses    /   TOI   /  21 Jan 2022

Extract :

Through this Grand Challenge, CESL aims to deploy 5450 single decker buses and 130 double decker buses

 

Mahua Acharya, MD & CEO, CESL said,

 

“ The real meaning of aggregation across cities under an OPEX MODEL, is actually homogenization .

 

This is the biggest ever scheme in the World – and is based on an INNOVATIVE , ASSET-LIGHT model that makes it possible for STUs, to deploy AFFORDABLY and at scale.

 

The GRAND CHALLENGE will certainly encourage the faster transition to green mobility across the country , while creating a synergy between private operators and State Governments “

Amitabh Kant, CEO NITI Aayog said,

 

“ Standardizing tendering conditions in diverse cities is a big step towards the transformation of public transport in India.

 

Participation in the Grand Challenge is a commendable effort from STUs , who I am sure will stand to gain economies of scale through the aggregation of demand by CESL “

 

 

MY  TAKE  :

 

   

For over 4 YEARS, I have been advocating that EESL ( at that time CESL subsidiary was not even launched ) take EVs on WET LEASE , rather than OUTRIGHT PURCHASE

 

Following are my 20 e-mails in this regard :

 

2017 ( 2 )

EESL : Lease cars , do not Buy !                        [ 18  Aug  2017  ]

 

To Buy or not to Buy?                                        [ 11  Oct  2017   ]

 

2018  ( 13  )

Logical to Lease                                                                  [ 06 Mar 2018 ]

 

Scam ? #EESL #NDA #BJP #MNRE                                       [ 08 Mar 2018  ]

 

Buy or Lease ?                                                                    [ 03 April 2018 ]

 

Do  they  have  an  option ?                                                 [ 14 April 2018 ]

 

Evidence  is  piling  up  !                                                      [ 13 May 2018 ]

 

EESL :  a  wake  up  time  ?                                                 [ 27 June 2018 ]

 

EESL : Grab this chance !                                                     [ 01 Aug 2018 ]

 

EESL : Put it off indefinitely !                                                [ 19 Aug 2018 ]

 

EESL : Getting Away from Straitjacket ?                                [ 26 Aug 2018 ]

 

If China can , so can We                                                      [ 27 Aug 2018 ]

 

Cars on Subscription ? Convenience Redefined                       [ 10 Sept 2018 ]

 

EESL : It is your move now !                                                [ 12  Oct  2018 ]

 

Thank You , Shri Jaitleyji,                                                    [ 25 Dec 2018 ]

 

2019  ( 2 )

E- Bus : without ETA [ Expected Time of Arrival ] ?              [ 04  Apr  2019 ]

 

    Congratulations, Shri Saurabh Kumarji ……………………………………[ 13 Nov 2019 ]

 

2021 ( 3 )

     CESL : Carpe Diem ( Seize this Opportunity ) ………………………[ 18 June 2021 ]

 

     A Vindication ?  ……………………………………………………………………….[ 04 Sept 2021 ]

 

     Thank You, Smt Mahua Acharyaji,  …………………………………………[19 Oct 2021 ]

 ==================================================

Once again,

Thank You, Smt Acharyaji ( mdcesl@eesl.co.in  ),

 

I urge you to follow the same WET LEASE tender system, when CESL floats the

GREAT CHALLENGE for replacing government fleet of 500,000 Petrol / Diesel

 vehicles with Electric Vehicles

 

WET LEASING model ( as per “ cost per Km” calculations shown in my earlier e-

mails ), has following advantages :

 

#   Enormous saving in UP-FRONT investment ( Capital Cost ) running into

     thousands of crore of rupees

 

#   Huge saving in OPERATING / MAINTENANCE / MANPOWER costs ( borne by

     the lessors )

 

#   Much higher daily UTILIZATION ( since lessors earns lease-rent on “ per

     km “ basis , he will ensure that buses keep running )

 

#   Very little DOWNTIME due to battery dis-charge ( lessors will set up no of

      battery charging stations )

 

With regards,

Hemen Parekh / hcp@RecruitGuru.com / 21 Jan 2022