E-bus suppliers may get central support if states fail to pay up


"There have been discussions around what can be done to mitigate risks faced by suppliers," a government official said, adding that new structures that can bring down financial risks have been discussed. The move comes after key private players remained lukewarm to a INR 5,000-crore supply contract floated by Convergence Energy Services Limited (CESL), a subsidiary of state-owned Energy Efficiency Services Limited (EESL).

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