The Electric Surge: Olectra Greentech Gets Order for 1,085 Buses in Telangana
HYDERABAD. February 23 2026. Olectra Greentech Limited is a company that makes electric vehicles in India. They just got a big order. Olectra Greentech Limited got this order through a company they work with called Evey Trans Private Limited. The order is from the Telangana State Road Transport Corporation. They want Olectra Greentech Limited to give them 1,085 buses. Olectra Greentech Limited will also have to take care of these buses. The order is worth about 1,800 crore rupees. This is a deal for Telangana because they want to use only electric buses in their cities.
When Olectra Greentech Limited announced this news their stock prices went up by than 7%. This means investors are happy with the company. Olectra Greentech Limited is getting stronger in the electric vehicle market in South India.
The Fleet Breakdown: Making City Transportation Better
The order for 1,085 buses is divided into parts. This is because Hyderabad has kinds of bus routes. Some routes need buses and some need smaller ones.. This order is only for big 12-meter buses.
- There are 1,025 -air conditioned buses. These buses are for people who want to travel around the city without spending much money.
- There are 60 air conditioned buses. These buses are for people who want to travel in comfort. They will be used on routes that go to companies and on long routes around the city.
Olectra Greentech Limiteds Managing Director, Mahesh Babu said this is a moment for the company. He said they are happy to provide buses to their home state of Telangana. This shows that Olectra Greentech Limited is committed to making things in India.
The Contract: How It Works
The contract between Olectra Greentech Limited and the Telangana State Road Transport Corporation is special. The corporation does not have to buy the buses. Instead Olectra Greentech Limited will own the buses. Take care of them. The corporation will pay Olectra Greentech Limited for every kilometer the buses travel.
Olectra Greentech Limited has to give the corporation all 1,085 buses within 20 months. Olectra Greentech Limited will also have to take care of the buses for 12 years. This means Olectra Greentech Limited will get money from the corporation for a time.
The Advantage of Being Local
This order is good for Olectra Greentech Limited because they are based in Hyderabad. This means they can easily set up charging stations and maintenance centers for the buses. Olectra Greentech Limited can do this better than companies like Tata Motors or JBM Auto.
This order also shows that the governments plan to promote vehicles is working. Olectra Greentech Limited has now gotten orders for than 10,000 buses in India. This means they are becoming a player in the electric vehicle market. Olectra Greentech Limited is helping to modernize cities, in India.
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