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The Hindu
The Hindu
National
Special Correspondent

Olectra bags order for 123 electric buses from Thane transport body

Olectra Olectra Greentech

A consortium of Olectra Greentech and Evey Trans (Evey) has received a letter of award from the Thane Municipal Transport Undertaking for 123 electric buses.

The buses will be supplied on a gross cost contract (GCC)/opex model basis for a period of 15 years. The order value is ₹185 crore, Olectra said in a release on Monday.

Evey will procure the electric buses from Olectra Greentech and they will be delivered in nine months. Of them, 55 will be 12-metre buses (45 airconditioned and 10 non-AC). The remaining 68 e-buses will be 9-metre long (26 AC and 42 non-AC).

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