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Olectra Greentech secures order for 2,100 e-buses

Thursday, 26 May 2022
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Olectra Greentech has secured the biggest ever order worth Rs 3,675 crore. The order is for supplying 2,100 electric buses for Brihanmumbai Electric Supply & Transport (BEST). 
Evey Trans (EVEY) has received a letter of award (LoA) from BEST. EVEY shall procure these 2,100 electric buses either directly by itself or through its special purpose vehicle (SPV) from Olectra Greentech (Olectra). 
The order is to supply 2,100 electric buses on Gross Cost Contract (GCC)/Opex model is for a period of 12 years. Olectra shall also undertake maintenance of these buses during the contract period.
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