Olectra Greentech to supply 50 e-buses to Gujarat Transport Corporation

Olectra Greentech on Monday said it received the Letter of Award from Gujarat State Road Transport Corporation (GSRTC) for 50 units of 9-metre electric buses, the city-based firm said in a press release on Monday.

These 50 buses orders are part of the total 353 buses for which the company emerged as winner, it said. The order will be on a Gross Cost Contract model basis for a period of ten years.

“These 50 electric buses shall be delivered over a period of 12 months. The company shall also undertake the maintenance of these buses during the contract period,” Olectra said. K V Pradeep, MD, Olectra Greentech said the firm has so far supplied 250 e-buses to Gujarat.