Olectra Greentech has received letters of award for deployment of 555 electric buses from eight cities/state transport authorities under the FAME-II scheme of Government of India through Evey Trans Private Limited.
Olectra and EVEY are under common control of MEIL Holdings Limited. These orders are on Gross Cost Contract/OPEX model basis for a period of 10-12 years. With these, the number of total electric buses to be delivered by OGL has crossed 700, it said.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.