Thursday, 16 July 2026

Indian corporate news, decoded into deal flow

DEAL FLOW
ABHFL Reports Solid Q1 FY27: Net… ▲ Results Details The End of an Era? 4… ▲ Market News / Economy Heritage Foods Q1 FY27 Profit Rises,… ▲ MERGERS & ACQUISITIONS Sellowrap Industries Secures Dual ACMA Accolades,… ▲ Capex & Future Plans Wipro Q1 FY27: Revenue Growth Stays… ▲ Results Details Borosil Renewables Shines: Q1 FY27 PAT… ▲ Results Details HCLTech Deepens Financial Services Footprint: Expands… ▲ MERGERS & ACQUISITIONS
Home / Order Book / Olectra Greentech Wins ₹424 Crore Electric Bus Order from Himachal Road Transport
OB · Order Book

Olectra Greentech Wins ₹424 Crore Electric Bus Order from Himachal Road Transport

Olectra Greentech Wins ₹424 Crore Electric Bus Order from Himachal Road Transport

Olectra Greentech Limited has secured a significant order from the Himachal Road Transport Corporation (HRTC) for the supply and maintenance of 297 non-air-conditioned, 9-meter electric buses. This order, valued at approximately ₹424.01 crore, represents one of the largest single-state procurements of electric buses in India.

The buses are specifically designed to navigate the challenging terrains of Himachal Pradesh, offering seating for 30 passengers and a range of up to 180 kilometers on a single charge. The delivery of these buses is scheduled over an 11-month period from the date of the Letter of Award (LoA), aiming to enhance sustainable public transportation in the region.

This development underscores Olectra Greentech’s leadership in India’s electric mobility sector and its commitment to supporting environmentally friendly public transportation solutions.