Olectra Greentech Limited on Friday said it has received a Letter of Award from Assam State Transport Corporations for 100 electric buses.
A press release from the firm said it is the first order bagged from North-Eastern states and the order is to be delivered over a period of nine months and shall be responsible for maintenance of these buses for a period of five years.
The value of these 100 Buses bupply would be approximately Rs 151 crore for Olectra.
K V Pradeep, Chairman and Managing Director, said, "We feel happy to get the first order from the North-Eastern states and Assam. With this order, our buses are running all the corners in India. Ours clocked over five crore kilometres on Indian roads, and reduced carbon emissions significantly.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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