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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka Ashok Leyland unit wins bid to sell 200 buses to state

Sri Lanka Ashok Leyland unit wins bid to sell 200 buses to state

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Jan 17, 2013 (LBO) - Lanka Ashok Leyland, unit of Ashok Leyland has won a 700 million rupee contract to supply 200 buses to Sri Lanka's state transport utility.

Sri Lanka's transport ministry will buy 200 buses from Lanka Ashok Leyland Plc, information minister Keheliya Rambukwelle said.

The cabinet of ministers had approved a proposal by transport minister Kumara Welgama to buy 33-seater buses for 3.52 million rupees each, he said.

It would value the contract at 704 million rupees.

Rambukwelle said Diesel and Motor Engineering Company, Sathosa Motors, Associated Motors had also bid and the Lanka Ashok Leyland bid had been selected.
http://lbo.lk/fullstory.php?nid=1526204036

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
14. Procurement of 81 Nos. Small Buses for Rural Areas on Repeat Order Basis - the Ministry of Transport has already purchased 200 Nos. 33 seater buses as per the Cabinet decision of 2013-01-17, to be used for rural areas. The proposal made by Hon. Kumara Welgama, Minister of Transport to award the above procurement to MIs. Lanka Ashok Leyland PLC as recommended by the Standing Cabinet Appointed Procurement Committee (SCAPC) was approved by the Cabinet.

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