Listed-OGL puts 900 e-buses on the roads
Hyderabad-based Electric mobility leader and pioneer in electric bus manufacturing Olectra Greentech and Evey Trans Private Limited (EVEY) have received an order for the supply of 150 electric buses on a Gross Cost Contract (GCC) and OPEX model basis for a contractual period of 10-12 years.
The busses have been ordered by the Pune Mahanagar Parivahan Mahamandal Ltd under the Government’s FAME-II scheme, said the company on 30 Dec 2020.
EVEY Trans will procure these 150 electric buses from Olectra Greentech, to be delivered over 12 months. The maintenance of these buses will also be undertaken by the company during the contract period.
With this new order, the total electric buses to be delivered by Olectra Greentech Limited (OGL) is to deliver over 900 buses, taking in the earlier orders. These 150 buses are a part of the recently announced L-1 bidder for 353 buses, announced on 16 December.
“OGL/EVEY is already operating 150 buses in Pune and with this new order, the fleet size will be 300 Electric buses, which is highest in the country. This is a proud moment for both OGL & EVEY Trans,” said Sharat Chandra, CEO & CFO, Olectra Greentech Limited.
These 12-Meter Air-Conditioned buses will have a seating capacity of 33 + Wheelchair + Driver with electronically controlled air suspension to ensure a comfortable ride to the passengers.
The buses will be equipped with CCTV cameras to ensure the safety of the commuters, a wheelchair for differently-abled and elderly people, an Emergency button, USB Sockets for mobile charging. The lithium-ion (Li-ion) battery installed in the bus enables it to travel more than 200-km on a single charge based on traffic conditions.
The technologically advanced electric bus has a regenerative braking system which allows the bus to recover part of the kinetic energy lost in braking. The high-power charging system enables the battery to get fully recharged in between 2 and 5 hours. It has electronically controlled air suspension to ensure comfortable travel.
Established in 2000, Olectra Greentech Limited (a public listed company) – part of India’s MEIL Group, pioneered the introduction of electric buses in India in 2015. It is also the largest manufacturer in India for Silicone Rubber/Composite Insulators for power transmission and distribution networks. #technology #evehicles #renewables #green #climate #environment /fiinews.com
