Olectra Greentech Wins Rs 62.8 cr e-Bus Order

Dec 07, 2023 21:54

Olectra Greentech secures a Rs 62.8 crore order from Vasai-Virar City Municipal Corporation for the supply and maintenance of 40 electric buses.

Mumbai, Dec 7 (PTI) Electric vehicle maker Olectra Greentech on Thursday said it has received an order from Vasai-Virar City Municipal Corporation, Mumbai, for the supply and maintenance of 40 e-buses at a value of Rs 62.80 crore.

This bus order, valued at Rs 62.80 crore, is on an outright sale basis, Olectra Greentech said in a regulatory filing.

Olectra Greentech Limited LOA (letter of award) from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 electric buses, the company said in a regulatory filing.

This supply order is on an outright sale basis and these buses will be delivered over a period of seven months, Olectra Greentech said.

MORE NEWS

Coal Mining: Panel Urges Faster Green Clearances

Parliamentary panel urges faster environmental & forest clearances for coal mining...

DCM Shriram & Bayer Crop Science Collaboration

DCM Shriram and Bayer Crop Science partner to explore agricultural opportunities in...

Silver Price Soars to Rs 1.92 Lakh/kg on Global...

Silver prices surge Rs 11,500 to Rs 1.92 lakh/kg in Delhi amid strong global cues. Gold...

Urea Fixed Costs to Rise for Manufacturers

Govt plans to raise fixed costs for urea makers by year-end. Decision expected soon,...

Bullion Rates Today: Gold & Silver Prices

Check today''s closing bullion rates in Bengaluru. Gold (22K & 24K) prices per gram and...

Bank of India Raises Rs 2,500 Cr via Tier II Bonds

Bank of India (BoI) raised Rs 2,500 crore through Basel III-compliant Tier II bonds at...

Cipla Launches Obesity & Diabetes Drug Yurpeak

Cipla launches Yurpeak (tirzepatide), a weekly injectable for obesity and type-2...

Sebi Eases KYC for NRIs, Removes Physical Presence

Sebi relaxes re-KYC for NRIs, removing physical presence requirement for digital...

OPTCL & NABARD Pact: Power Boost in Odisha

OPTCL and NABARD sign MoU for power infrastructure development in Odisha. NABARD...

CG Power Turnaround: Srinivasan's Book

N Srinivasan's book chronicles CG Power's revival from bankruptcy to a USD 10 billion...

Olectra Greentech Wins Rs 62.8 cr e-Bus Order

You May Like To Read

MORE NEWS