Tata Motors wins Rs 2200 cr order from DTC

MUMBAI: Tata Motors has won a Rs 2,200 crore order from the Delhi Transport Corporation to supply 1,625 ultra low-floor buses and their maintenance for 12 years.

The contract comprises of Rs 900 crore for the 1,625 buses and about Rs 1,300 crores for a 12-year maintenance contract for these buses.

This is the second consecutive time that the DTC has entrusted Tata Motors with its order, which is aimed at revamping the city's transportation system.

The first such order by the DTC in 2007 for 650 buses was met in 2008. The success of Tata Motors' ultra low-floor buses in Delhi is also encouraging other cities to consider similar transportation solutions.