With this new order, Olectra said that its total order book is now around 1,450 buses
Electric vehicle maker Olectra Greentech Ltd has announced that it, along with Evey Trans Private Limited (EVEY), has received the letter of award from the Andhra Pradesh State Road Transport Corporation (APSRTC) to supply 100 E-buses under the FAME-II scheme of the Government of India.
The value of this contract is approximately Rs 140 crores. This 100 E-buses will be supplied on a Gross Cost Contract (GCC) /OPEX model basis for 12 years.
The buses shall be delivered over a period of 12 months. During the contract period, Olectra will undertake the maintenance of the buses. These buses shall be deployed at Alipiri (Tirupathi) Depot. 50 Buses will ply on Tirumala-Tirupathi Ghat, and the remaining will ply to Nellore, Kadapa, and Madanapalle as intercity buses.
With this new order, Olectra said that its total order book is now around 1,450 buses.
KV Pradeep, Chairman and Managing Director, Olectra Greentech Limited, said, “We are blessed and happy to serve the devotees travelling to visit Lord Sri Venkateshwara on the Tirumala-Tirupati Ghat road… Olectra Greentech committed to its efforts to reduce pollution levels through its efficient Electric Public Transport System. We are sure that our 100 buses will be successful in the state like in other states.”
Olectra further added that its electric buses have completed over 4 crore kms on Indian roads and reduced CO2 emissions by around 35,700 tonnes till now. Olectra has delivered over 400 buses to various states as of date.
