Electric bus manufacturer Olectra Greentech (OGL) and its sister concern Evey Trans Private Limited (EVEY) have received the letter of award from Pune Mahanagar Parivahan Mahamandal Ltd for 350 electric buses, the city-based MEIL group company said on Friday.
The order is under the FAME-II scheme (Faster Adoption and Manufacturing of Electric Vehicles) for supply of 350 electric buses on Gross Cost Contract (GCC) / OPEX model basis for a period of 12 years, it said in a press release.
Evey Trans will procure these 350 electric buses from Olectra Greentech, which shall be delivered over a period of 7 months. The maintenance of these buses shall also be undertaken by the company during the contract period.
With these, total electric buses to be delivered by OGL against above and earlier orders are over 1,250. ”We are happy to announce that we have bagged 350 electric buses of 12 meters from Pune Mahanagar Parivahan Mahamandal (PMPL). OGL is already operating 150 buses in Pune and with this new order, the fleet size will be 650 electric buses, which is the highest in the country,” said Sharat Chandra, CFO, Olectra Greentech Limited.
”We also feel honoured to operate eco-friendly buses in the garden city and Silicon Valley of India, Bangalore. These are the proud moments for OGL / EVEY Trans teams,” he added.
