JBM Ecolife Secures Rs. 1,800 Crore Contract for 343 Electric Buses in Ahmedabad

JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto Limited, has secured contracts to procure, operate, and maintain 343 electric buses. These buses will serve the Ahmedabad BRTS and Ahmedabad Municipal Transport Service under a Gross Cost Contract (GCC). The contracts, awarded by Ahmedabad Janmarg Limited and other prominent organizations, are valued at approximately Rs. 1,800 Crore and are slated for execution within one year. The promoter, promoter group, group companies, and related parties have no financial or other interests in the awarding entities.