Ashok Leyland on Thursday, January 18 said it has bagged an order for 1,225 buses from the Karnataka State Transport. The order is said to be worth ₹522 crore, the company said in an exchange filing.
Three Karnataka State Transport bodies - KSRTC, NWKRTC and KKRTC will receive buses from Ashok Leyland as part of the order.
The company will deliver 210-inch wheel base Viking fully-built buses as part of the project.
These vehicles are AIS 153 certified and BSVI OBD II diesel fueled for Mofussil operation, which features the advanced iGen6 BSVI Technology with a robust 147 kW H Series engine, it said. "The engine is expected to enhance safety, comfort and reduce the overall cost of ownership," the company said.
The order is expected to to be executed by April 2024.
Last month, the commercial vehicle manufacturer unveiled its new AL H6 Diesel — CEV Stage V engine in Bengaluru. It also showcased around half a dozen products at the 12th International construction equipment and technology trade fair, EXCON 2023, in Bengaluru.
Ashok Leyland shares were trading in the green on Thursday, after three days, up 1.31% at Rs 173.80 apiece, around 1.35pm on January 18. The stock has gained 17.81% in the past year.
(Edited by : Hormaz Fatakia)
First Published: Jan 18, 2024 1:49 PM IST
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