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Home Manufacturing

Manufacturing: Olectra to produce 10,000 electric buses a year

Fiinews by Fiinews
March 8, 2022
in Manufacturing
Reading Time: 3 mins read
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Olectra's electric bus.

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Electric buses have already proved their reliability and efficiency, says Pradeep

Olectra Greentech Limited plans to manufacture 10,000 buses per year from expanded capacity by adding a 150-acre state-of-the-art, fully-automated robotic manufacturing plant in Telangana.

The company, which has launched 150 electric busses in Pune on 7 Mar 2022, has major plans to expand its product line by launching trucks, LCVs, three-wheelers and other EV products.

Olectra Chairman and Managing Director K V Pradeep said, “Olectra is committed to its efforts in reducing pollution levels through zero noise pollution and minimising carbon emissions through an efficient electric public transport system.

“Our Electric buses have already proved their reliability and efficiency, as they have been successfully operated over 2 crore km in Pune alone,” he said.

With the 150 buses, Olectra has doubled Pune fleet to 300 electric buses.

The company is confident of adding another 350 buses to Pune Mahanagar Parivahan Mahamandal Ltd (PMPML) in the next few months. Olectra’s electric buses in Mumbai and Nagpur have clocked over three crore kilometres as on January 31, 2022.

The company has already delivered over 600 electric buses to various state transport undertakings (STUs) and covered more than five crore kilometres on Indian roads. Olectra is the first to introduce 7, 9, and 12-metre electric AC buses in India.

Currently, it has an order for 1,523 electric buses from various STUs. It is planning to enter into an inter-city and inter-state private transport segment and staff transportation segment in private sector. It is the only manufacturer of tarmac electric buses in airports.

Olectra is the pioneer and a leading player in electric mobility in India. Olectra is also successfully operating the electric bus fleet in Surat, Mumbai, Pune, Silvassa, Goa, Nagpur, Hyderabad and Dehradun.

With the addition of new 150 electric buses, the citizens of Pune city will experience noiseless commute. These buses will significantly contribute to the reduction in CO2 emissions in the city. Urban public transportation is one of the primary causes of pollution across the world. The buses run with electricity as their fuel, and are zero-emission vehicles. They have several safety features, integrated into them.

As the response from the commuters in multiple cities is very encouraging, many transport organisations are willing to increase the fleet of electric buses.

These 12-metre Air-Conditioned buses have a seating capacity of 33+Driver. The electronically controlled air suspension ensures a comfortable ride. The buses are equipped with CCTV cameras to ensure the safety of the commuters. An emergency button and USB Sockets for each seat have been provided. The lithium-ion (Li-ion) battery installed in the bus enables it to travel around 200 km on a single charge, based on traffic and passenger load conditions.

The technologically-advanced bus has a regenerative braking system which allows the bus to recover part of the kinetic energy lost in braking. The high-power AC & DC charging system enables the battery to recharge in 3-4 hours fully, said Olectra.

Established in 2000, listed-Olectra is part of MEIL Group and 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. fiinews.com

Tags: Olectra Greentech Ltd
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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