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Olectra loses 5,150 e-bus order from Maharashtra, raising concerns for India’s electric bus programme. The setback may delay ...
Olectra Greentech shares plummeted nearly 13% following reports of a cancelled electric bus order from the Maharashtra ...
Maharashtra government had expected at least 1,200 buses by May 2025, but that did not materialise, State Transport Minister ...
The company said the SPV has not so far received any official cancellation order and is still going ahead with the project as ...
The contract, spanning 12 years, was initially awarded in July 2023 to a consortium comprising Olectra and Evey Trans Pvt Ltd ...
Olectra Greentech share price fell over 12% after Maharashtra’s Transport Minister directed officials to annul the company’s ...
Olectra Greentech shares were down by 14.78% on the BSE. The stock opened with heavy selling pressure after Maharashtras ...
The MSRTC had in July 2013 awarded a contract to Olectra Greentech to supply, operate, and maintain 5,150 electric buses.
Olectra Greentech Ltd’s stock tumbled as much as 14% on Tuesday, sliding to an intraday low of Rs 1,160, after the Maharashtra government cancelled its massive 5,150-electric-bus tender in response to ...
Olectra Greentech, on July 7, 2023, had announced that a consortium of Olectra and Evey Trans Pvt. Ltd. was awarded a Letter ...
Olectra Greentech share price tumbled over 12% on Tuesday morning after Maharashtra’s Transport Minister Pratap Sarnaik called for the cancellation of a major electric bus tender.