Olectra, Evey Trans receive order for 100 e-buses from KTCL

Electric mobility firms Olectra Greentech Limited and Evey Trans Private Limited have received a letter of award (LOA) from the Goa government-run Kadamba Transport Corporation Limited (KTCL) for 100 electric buses under the Centre’s FAME-II scheme, a senior official said. The order is for the supply of 100 electric buses on a Gross Cost Contract (GCC) / OPEX model basis for a period of 12 years.

K V Pradeep, chairman and managing director, Olectra Greentech Limited, said Evey Trans will procure these 100 electric buses from Olectra Greentech and delivery will be over a period of 12 months.