Olectra bags order of electric buses worth Rs 36.75 billion

Olectra Greentech Limited (Olectra) has bagged an order for 2,100 electric buses from Bhrihanmumbai Electric Supply and Transport (BEST) worth Rs 36.75 billion.

Evey Trans Private Limited (EVEY), an arm of Olectra, has obtained the letter of award from BEST. According to BEST,the 2,100 electric buses will be procured through competitive bidding process that includes double-decker buses, mini-AC buses, midi AC buses and single-decker buses.EVEY will procure these electric buses either directly or through its special purpose vehicle from Olectra Greentech to be delivered over a period of 12 months.