Olectra Greentech has received the letter of award from Gujarat State Road Transport Corporation (GSRTC) for 50 No.s 9-meter electric buses. The order is for the supply of an additional 50 electric buses on a Gross Cost Contract (GCC) / OPEX model basis for a period of ten years.
These 50 electric buses shall be delivered over a period of 12 months. The company shall also undertake the maintenance of these buses during the contract period.
Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.