Olectra Greentech Limited (OLECTRA) is a listed group company of MEIL. It is a leader in bringing electric buses to the Indian market to make public transport more sustainable and emission-free. It is India’s largest manufacturer of advanced and high-end electric buses.
The company has already supplied over 600 electric buses to various State Transport Undertakings (STUs). These buses have covered more than five crore kilometres saving 1.7 crore litres of diesel and over Rs 125 crore in fuel costs. This is equivalent to planting 15.7 lakhs of trees to achieve the same amount of CO2 reduction.
The buses have traversed through the high-altitude Himalayan reaches, Kerala’s lush green terrains and the Goan beach roads. The company has entered the Limca Book of Records for India’s first electric bus service to commence between Manali-Rohtang Pass at 13,000 feet (3,962.4m) altitude.
Olectra is the first to introduce 7, 9, and 12-metre electric AC buses in India. It established 16 charging stations, while another 24 stations are under development. It recently launched an inter-city super luxury coach bus. There are massive plans to enter an inter-city/inter-state private transport and private staff transport segment. It is introducing tarmac coaches at airports in a big way.
With a growing demand for electric buses from State Transport Undertakings (STUs) and the private sector, the company has massive expansion plans. It acquired 150 acres of land from the Government of Telangana and is in the process of establishing a state-of-the-art, fully automated robotics manufacturing plant. The plant will be able to manufacture 10,000 buses per year with an expanded capacity. The company is also planning to expand its product line to tippers, trucks, LCVs, three-wheelers and other EV products.
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