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Olectra Greentech awards contract to Megha Engineering & Infrastructures

19 Jul 2023 Evaluate

Olectra Greentech has awarded a contract for construction of the greenfield electric vehicle manufacturing facility on 150 Acres of the land situated at Seetharampur, Hyderabad, Telangana (Greenfield EV Manufacturing Facility or Project) to Megha Engineering & Infrastructures (MEIL) which is the ultimate holding company and a related party to Olectra Greentech. 

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

Peers
Company Name CMP
Tata Motors 425.65
Ashok Leyland 172.00
Force Motors 18950.20
Olectra Greentech 1027.00
SML Mahindra 5246.85
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