Olectra Greentech secures order for 1,085 electric buses under PM E-Drive initiative

Electric commercial vehicle manufacturer Olectra Greentech Limited has received a Letter of Intent (LOI) for 1,085 electric buses. The order comes from the Telangana State Road Transport Corporation (TSRTC) through EV Trans Private Limited and is part of the PM E-Drive initiative led by Convergence Energy Services Limited (CESL), which aims to expand electric public transportation across Indian cities.

The newly ordered buses will operate in Hyderabad, strengthening the city’s clean, modern, and sustainable public transport network.

Olectra Greentech Ltd, headquartered in Hyderabad, has consistently held the top position in India’s electric bus sector, said the company in the release. In addition to buses, the company also manufactures electric tippers, contributing to urban development and infrastructure enhancement. Across India, more than 3,600 Oletra electric vehicles are already in service, with over 10,000 vehicles on order. The company’s fleet has collectively covered over 500 million green kilometres to date.

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Commenting on the LOI, Managing Director Mahesh Babu said - This is a landmark moment for Olectra family and a significant milestone in our journey toward advancing electric mobility in India. Receiving this order under the PM E-Drive program reinforces our commitment to ‘Make in India.’ We are proud to supply our advanced, indigenously designed electric buses to Telangana, our home state and a symbol of innovation and progress. Working with TSRTC, we aim to provide citizens with safer, more comfortable, and reliable public transportation, while supporting India’s clean energy and net-zero objectives.

The order includes 12-meter low-floor buses, available in both AC and non-AC variants, designed specifically for Indian roads and urban needs. Each bus will feature advanced front and rear air suspension systems for enhanced comfort and safety, high-capacity lithium-ion batteries capable of covering over 250 kilometers on a single charge, and rapid-charging support in approximately 45 minutes. The buses will also include dedicated spaces for wheelchair users, promoting accessibility and inclusivity.