Electric and Hybrid Vehicle Leasing Services: Wet and Dry Lease for REC Limited

Tender Description for Leasing of Electric and Hybrid Category Vehicles

The Rural Electrification Corporation Limited (REC Limited), under the Ministry of Power, is inviting bids for the leasing of electric and hybrid category vehicles. This tender, identified by Bid Number GEM/2026/B/8085330, seeks to acquire vehicles under both "Leasing In of Assets - Wet Lease" (where maintenance is borne by the lessor) and "Dry Lease Basis" (without driver and fuel). Specifically, the requirement encompasses the leasing of Electric Category Vehicles on a wet lease basis as per bid terms, and the leasing of both Electric and Hybrid Category Vehicles on a dry lease basis, also in accordance with the specified bid terms. The tender will commence on 29-09-2026 at 5:41 PM and will close on 14-10-2026 at 6:00 PM. Interested parties are invited to submit their proposals to REC Limited Gurugram.