Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday, 1 August 2018

EESL : Grab this chance !





 Shri Saurabh Kumar

[ MD – EESL ]


How about making a clean / neat profit of Rs 240 Crore / year ?


Here is how :


#   Convert existing “ Outright Purchase “ contract with TATA Motors and M&M , to a “ Lease
     Contract “for those 10,000 electric cars ( less than 500 have been delivered after a lapse
     of ONE YEAR – with no indication for delivery of the balance )



#   Get TATA / M&M to agree for a lease rental of Rs 10 / Km ( wet lease inclusive of the
     driver )



#   Then sub-lease these cars to various Govt Depts at Rs 20 / km ( same as what you are
     doing now - but without a driver ?)



#   Earn Rs 10 / km ( Rs 20 – Rs 10 )



#   That is Rs 20,000 per month per car ( 80 km / day for 25 days = 2,000 km per car x Rs
     10 / km as profit )



#  Rs 20,000 / car / month  x  10,000 cars  = Rs 200,000,000  = Rs 20 crore / month



#  That is Rs 240 crore / year for those 10,000 cars



And all this NET PROFIT without investing a single Rupee !



By replacing those 5 LAKH car existing fleet ( of Petrol / Diesel cars of the Central + State Govts ), with electric cars wet-leased from TATA / M&M , you will make a NET PROFIT of :


Rs 240 cr  x  50  =  Rs 12,000 cr / year !



And not to worry about :



#    Raising Rs 55 lakh*lakh ( Rs 55,000 Crore ), of capital at 15 % interest


#    Maintenance cost ( usually it is 15 % of the Capital Cost of any asset )


#    Hiring of Drivers / Maintenance Staff


#    Installing Li-ion Battery Charging Stations ( TATA – M&M will take care )


#    Absenteeism / Break downs


#    Range Anxiety : drop from 130 km to 80 km (due to insufficient battery capacity )


#    Cars idling in absence of Charging Infrastructure


#    Rate at which cars get delivered ( change to wet lease to get 1000 delivered / month ! )




WHERE  IS  THE  CHANCE  ?


Today’s Economic Times carries following news :



Extract :

The move comes after the performance of the first batch of cars it delivered under the 5,000-vehicle order didn’t meet expectations and as the company is seeking changes to the specifications for further supplies, they said. 

In fact, rival Mahindra & Mahindra, which is to supply another 5,000 cars in the second phase of the same tender for 10,000 vehicles, has
also been negotiating to downgrade charging and battery specifications from what it had offered, they said.
Vehicles will still be within tender specifications post downgrade. 


Dear Shri Saurabh Kumarji ,

If TATA and M&M can come back after ONE YEAR ( of failed deliveries ) asking for a revision of the contract terms , then there is no reason why you cannot say :

  Look , if you want a revision , you will get it . From today contract stands revised for wet leasing at Rs
    10 per km per car “


I urge you to go through my following earlier emails on this subject :


https://myblogepage.blogspot.com/2018/06/eesl-ev-electriccars.html ………………………….. [  27  June 2018  ]
https://myblogepage.blogspot.com/2018/04/buy-or-lease.html ……………………………………… [  03  April  2018  ]
https://myblogepage.blogspot.com/2018/03/scam-eesl-nda-bjp-mnre.html …………………. [  08  Mar  2018  ]
https://myblogepage.blogspot.com/2018/03/logical-to-lease.html  ………………………………….[  06  Mar  2018  ]

Please , do not miss this opportunity


If you ever needed an excuse for revising this contract , you have got one now  !


01    Aug  2018
     www.hemenparekh.in / blogs



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