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Olectra Greentech receives LoA from HRTC

10 Apr 2025 Evaluate

Olectra Greentech has received a Letter of Award (LoA) from Himachal Road Transport Corporation (HRTC) for supply and maintenance of 297 Electric Buses on outright sale basis and maintenance thereof. These Buses shall be delivered over a period of 11 months from the date of LoA. Value of these 297 Electric Buses supply and maintenance would be approximately Rs 424.01 crore for Olectra. 

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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