Olectra Greentech – Electric Bus Opportunity

Quoting from the tender document –

i) 25% of the buses should be delivered within 4 months of date of issue of LOA,
ii) Additional 50% of the buses should be delivered within 7 months of date of
issue of LOA
iii) Balance 25% buses should be delivered within 10 months of date of issue of
LOA.
The LOA will specify the depot where the Buses are to be delivered and the same
shall be subject to inspection & acceptance of BEST.

Once LOA is issued,

600 buses should be delivered within 4 months
1200 buses should be delivered within 7 months
600 remaining buses should be delivered within 10 months.

Olectra really needs to ramp up production.