Olectra Greentech has received Letter of Award (LoA) for 50 Electric Buses from one of the State Transport Authorities under FAME-II scheme of Government of India. This order is for supply of 50 Electric Buses is on Gross Cost Contract (GCC) / OPEX model basis for a period of 10 years (Contract Period).
These Buses shall be delivered over a period of 12 months. The maintenance of these buses shall also be undertaken by the Olectra during the Contract Period. With these, total order book of Olectra for electric buses against above and earlier orders are over 1300 electric buses.
Olectra Greentech (Formerly Goldstone Infratech) is the market leader in manufacturing of Silicon rubber polymer composite insulators in India.
