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Olectra Greentech gets LoA for 50 e-buses

04 Jan 2022 Evaluate

Olectra Greentech has received a letter of award (LoA) for 50 e-buses from one of the state transport authorities for inter-city operations under the central government's FAME-II scheme. These buses are to be delivered in 12 months.

Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.

Peers
Company Name CMP
Tata Motors 421.30
Ashok Leyland 148.95
Force Motors 17681.00
Olectra Greentech 1065.40
SML Mahindra 6123.40
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