Olectra-Evey Trans wins 150 EV bus order from PMPL

Hyderabad: Electric mobility leader and pioneer in electric bus manufacturing Olectra Greentech and Evey Trans Private Limited (EVEY) has received the letter of award from Pune Mahanagar Parivahan Mahamandal Ltd. for 150 electric buses under FAME-II scheme of Government of India. The order is for the supply of 150 electric buses on Gross Cost Contract (GCC) / OPEX model basis for a period in the range of 10-12 years(Contract period).

Evey Trans will procure these 150 electric buses from Olectra Greentech, which shall be delivered over a period of 12 months. The maintenance of these buses shall 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) against above and earlier orders are over 900 buses. These 150 buses order is a part of recently announced L-1 bidder for 353 buses (disclosed on 16th December).

"We are happy to announce that, we have bagged 150 electric buses of 12 meters from Pune Mahanagar Parivahan Mahamandal (PMPL). 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 the proud moment for both OGL &EVEY Trans " said Sharat Chandra, CEO & CFO, Olectra Greentech Limited.

These 12-Meter Air-Conditioned buses having a seating capacity of 33+Wheelchair + Driver with electronically controlled air suspension to ensure a comfortable ride to the passengers. The buses equipped with CCTV cameras to ensure the safety of the commuters, a wheelchair for differently-abled and elderly people, Emergency button, USB Sockets for mobile charging. The lithium-ion (Li-ion) battery installed in the bus enables it to travel more than 200 KMs 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 2-5 hours. It has Electronically controlled air suspension to ensure comfortable travel.