Deals22 Feb 2024, 06:22 pm
Olectra Greentech Ltd bags order for 2400 Electric Buses
AI Summary
Olectra Greentech Limited, in collaboration with Evey Trans Private Limited, has been awarded a Letter of Award (LOA) from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for the supply, operation, and maintenance of 2,400 Electric Buses on Gross Cost Contract (GCC) basis for a period of 12 years. The order is valued at approximately Rs. 4,000 crores for Olectra.,
Key Highlights
- Olectra Greentech Ltd bags order for 2,400 Electric Buses
- Gross Cost Contract (GCC) basis for a period of 12 years
- Value of the order is approximately Rs. 4,000 crores for Olectra