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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 432.95
Ashok Leyland 155.40
Force Motors 17080.00
Olectra Greentech 1171.35
SML Mahindra 6524.65
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