New Launch1 Jan 2026, 06:41 pm
Olectra Greentech Announces Commercial Operations Date for Greenfield EV Manufacturing Facility
AI Summary
Olectra Greentech Limited has informed the exchange about the commencement of commercial operations at its greenfield EV Manufacturing facility. The company has declared 31st December, 2025 as the Commercial Operation Date (COD) for its Greenfield Electric Vehicle (EV) Manufacturing Facility situated at Seetharampur, Hyderabad, Telangana. The facility has an annual per shift production capacity of 2,500 buses, representing 50% of the planned per shift annual capacity of 5,000 buses. This declaration has been communicated to State Bank of India (Lender).
Key Highlights
- Olectra Greentech Limited has declared 31st December, 2025 as the Commercial Operation Date (COD) for its Greenfield Electric Vehicle (EV) Manufacturing Facility.
- The facility is situated at Seetharampur, Hyderabad, Telangana and has an annual per shift production capacity of 2,500 buses.
- This capacity achievement represents 50% of the planned per shift annual capacity of 5,000 buses.
- The declaration has been communicated to State Bank of India (Lender).
- The facility is a greenfield EV Manufacturing facility.