Electric vehicle maker Olectra Greentech on Thursday said it has received an order from Vasai-Virar City Municipal Corporation, Mumbai, for the supply and maintenance of 40 e-buses at a value of Rs 62.80 crore.
This bus order, valued at Rs 62.80 crore, is on an outright sale basis, Olectra Greentech said in a regulatory filing.
“…Olectra Greentech Limited LOA (letter of award) from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 electric buses,” the company said in a regulatory filing.
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This supply order is on an outright sale basis and these buses will be delivered over a period of seven months, Olectra Greentech said.
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