Deals10 Apr 2025, 12:27 am
Olectra Greentech Secures Order for 297 Electric Buses from Himachal Road Transport Corporation
AI Summary
Olectra Greentech Limited has been awarded an order from Himachal Road Transport Corporation (HRTC) for the supply and maintenance of 297 Electric Buses. The order, valued at approximately Rs. 424.01 Crores, is to be executed over a period of 11 months from the date of the Letter of Award (LOA). The buses will be delivered on an outright sale basis.
Key Highlights
- Olectra Greentech has been awarded an order from HRTC for 297 Electric Buses
- The order is valued at approximately Rs. 424.01 Crores
- The supply and maintenance of the buses will be executed over a period of 11 months
- The buses will be supplied on an outright sale basis
- This order is a significant milestone for Olectra Greentech in the electric bus segment