December 30, 2020
Olectra Greentech bus - The Hindu×
Total order book for 900 electric buses
Olectra Greentech Limited and Evey Trans Private Limited (Evey) have received a letter of award from Pune Mahanagar Parivahan Mahamandal Ltd for supply of 150 electric buses under FAME-II scheme of Government.
The order is for the supply of 150 electric buses on Gross Cost Contract (GCC)/OPEX model basis for a contract period of 10-12 years.
Evey Trans will procure these 150 electric buses from Olectra Greentech to be delivered over 12 months. The maintenance of these buses shall also be undertaken by the company during the contract period.
With this new order, Olectra Greentech has a total order book of over 900 electric buses. This 150 bus order is a part of recently announced L-1 bidder for 353 buses.
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