New Buses
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New Delhi
The company will supply and maintain 297 electric buses in a deal worth around ₹424.01 crores.
The company's product portfolio includes 7 metre, 9 metre, and 12 metre electric AC buses, with an order book of 10,969 units.
The award of the contract for the supply, operation and maintenance of 2,400 electric buses marks an important milestone in Mumbai's journey towards sustainable urban mobility.
Olectra Greentech is investing in manufacturing facilities to meet the growing demand for electric buses. The Telangana government has given the corporation a spacious 150-acre plot of land in Hyderabad for the building of a world-class manufacturing faci
Olectra will also be in charge of the electric buses' maintenance for the duration of the contract.
The company's focus remains on increasing manufacturing capacity and enhancing technology capabilities. As a result, it will maintain market leadership in the electric bus segment.
Out of the 123 E-buses, 55 are 12-metre buses (45 AC and 10 non-AC). The remaining 68 E-buses are 9 meters long (26 AC, 42 non-AC). The 12-metre buses will have a range of 200 kilometers and a seating capacity of 39 people including a driver.
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