Olectra Greentech Limited has received Letter of Award from Vasai Virar City Municipal Corporation, Mumbai for supply and maintenance of 40 Electric Buses. This order for supply of 40 Electric Buses is on outright sale basis and which shall be delivered over a period of 7 months. Olectra Greentech Limited has been awarded with a LOA from Vasai Virar City Municipal Corporation for Supply of 40 Electric Buses on outright sale basis and Maintenance thereof.

Value of these 40 Electric Buses supply would be INR 628 million. Nature of order(s) /contract(s); Outright Sale. Whethe domestic or international: Domestic.

Value of these 40 Buses supply would be INR 628 million.