Ashok Leyland Wins ₹297.85 Crore Order for 320 BS VI Diesel Buses
Ashok Leyland has announced a significant order for supplying 320 BS VI Diesel Fuel Type 12M Low Floor Fully Built Buses to Tamil Nadu State Transport Corporation (TNSTC). The announcement was made on February 19, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Order Details
- Awarding Entity: Tamil Nadu State Transport Corporation (TNSTC)
- Order Type: Supply of BS VI Diesel Fuel Type 12M Low Floor Fully Built Buses
- Key Features of Buses:
- BS VI iGen 6 technology with a robust H-Series engine rated at 184 kW (246 hp)
- Ultra low-entry rear engine for city operations
- Front and rear air suspension for improved ride comfort
- Order Type: Domestic
- Execution Timeline: June 2025 – August 2025
- Total Contract Value: ₹297.85 Crores (approximate)
- Tender Process: The order was awarded following a normal tender process with standard business norms. There are no adverse terms or conditions under the contract.
- Related Party Transaction: No, the contract does not involve any related party transactions.
- Interest of Promoters or Group Companies: No, Ashok Leyland’s promoter or group companies do not have any interest in TNSTC.
This order further strengthens Ashok Leyland’s position as a leading commercial vehicle manufacturer in India, catering to urban public transport needs with its advanced BS VI diesel buses.