Olectra Greentech and its sister concern Evey Trans have emerged as the least quoted bidder for the supply of 100 electric buses by one of the State Transport Corporation under the FAME-I1 scheme of Government of India. Once the letter of award is received for 100 electric buses, Evey will procure these electric buses from Olectra Greentech and deliver them over a period of 10 months. Value of this tender is approximately Rs 250 crore to the company.
Olectra Greentech (Formerly Goldstone Infratech) is the market leader in manufacturing of Silicon rubber polymer composite insulators in India.
