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Olectra Greentech – Wins Massive Rs 10,000 Crore Order

Olectra Greentech

Olectra Greentech Wins Big Order

Olectra Greentech Wins Big Order

This deal is for the delivery of 5,150 electric buses under a 12-month Gross Cost Contract (GCC) / OPEX model.

These buses will be purchased by EVEY from Olectra G Limited and delivered over the course of 24 months.

The Company shall additionally provide maintenance on these buses for the term of the contract.

Order

The supply of these 5,150 electric buses will be worth around Rs. 10,000 crores.

Order Received from Maharashtra State Road Transport Corporation (MSRTC)

Source – BSE

Stock

Shares Price up 18% and hits a new 52-week high of Rs 1246.95 , BSE

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