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Private Sector | Maharashtra - India | PID: 201173
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The consortium of Olectra Green tech Limited ("Olectra/ Company") and Evey Trans Private Limited ("EVEY") has received a Letter of Intent ("LOI") from Maharashtra State Road Transport Corporation (MSRTC) relating to Supply, Operation and Maintenance of 5,150 Electric Buses and allied Electrical and Civil Infrastructure on Gross Cost Contract Basis
This order for supply of 5,150 Electric Buses are to be on Gross Cost Contract (GCC) / OPEX model basis for a period of 12 years (Contract Period) respectively
VEY shall procure these buses from Olectra Greentech Limited ("Olectra") and which shall be delivered over a period of 24 months
Value of these 5, 150 Electric Buses supply would be approximately Rs. 10,000 Crores for Olectra
Maintenance of these buses shall also be undertaken by the Olectra during the Contract Period
The value of these 5,150 Buses supply would be approximately Rs. 10,000 Crores for Olectra
| Updated on: 10 - Jul - 2023
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