ITM calls HUF 51 bln tender for electric bus procurement
The Ministry of Innovation and Technology (ITM) is calling a HUF 51 billion tender for the procurement of electric buses and the construction of related charging infrastructure, state secretary for energy and climate policy Attila Steiner said on Friday, according to a report by state news wire MTI.
The tender is open for public transport companies operating in the agglomeration area of Budapest and in cities with a population above 25,000.
Funding intensity will be 80% for bus purchases and 60% for establishing charging infrastructure. The ITM expects that around 300-350 buses could be purchased through the tender.
Applications can be submitted from May 5 until September 30.
The ITM noted that the government will be providing complete pre-financing for the tender as funding will be provided from Hungary's Recovery and Resilience Facility (RRF), but that plan has still not been approved by the European Commission.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.