Olectra Greentec Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Olectra Greentec?

Olectra Greentech Limited, a leading manufacturer of electric buses in India, is focused on developing and deploying electric vehicles to promote sustainable transportation solutions. Here are the Products and Services offered:

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• Urban Electric Buses: Olectra produces various models of electric buses designed for urban transportation, including the eBuzz K6, eBuzz K7, and eBuzz K9. These buses are known for their zero-emission, quiet operation, and efficiency, providing a green alternative for city transit systems.
• Inter-city Electric Buses: The company has also introduced inter-city electric buses such as the eBuzz K10 and C9, catering to longer routes with higher passenger capacity and comfort.
• Tarmac Electric Buses: Olectra has specialized electric buses designed for airport tarmac operations, enhancing the sustainability of airport ground transport.
• Battery Management Solutions: The company offers advanced battery management systems to ensure the optimal performance and longevity of the electric buses' batteries, which are crucial for their efficient operation.
• Charging Infrastructure: Olectra provides comprehensive charging infrastructure solutions, including fast chargers and battery swapping stations, to support the deployment and operation of electric buses.

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Collaborations: Olectra has entered into strategic collaborations, such as with BYD Auto Industry Co., Ltd, to leverage advanced technology and expand its product offerings in the electric vehicle market.

Question 2: Who are the promoters of Olectra Greentec?

Olectra Greentec Limited, a leading electric bus manufacturer in India, is primarily promoted by MEIL Group (Megha Engineering and Infrastructures Limited). The MEIL Group is a diversified conglomerate involved in various infrastructure projects, including power, water, irrigation, and transportation. The key management members of Olectra Greentec include:

1. K V Pradeep - Chairman and Managing Director

• Pradeep is instrumental in steering the company towards becoming a significant player in the electric vehicle segment in India. He has extensive experience in managing large-scale projects and implementing strategic initiatives.

2. N Naga Satyam - Executive Director

• Satyam plays a crucial role in the operational and strategic planning of Olectra Greentec. His leadership has been pivotal in expanding the company’s footprint in the electric bus market.

3. K R K Prasad - Chief Financial Officer

• Prasad oversees the financial operations of the company, ensuring robust financial health and compliance with regulatory standards.

4. G Surender - Chief Operating Officer

• Surender is responsible for managing the day-to-day operations and ensuring the efficient functioning of manufacturing units and other operational aspects.

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Question 3: Who are the clients of Olectra Greentec?

Olectra Greentech serves several key clients, mainly focusing on public transportation and government projects. Notable clients include:

1. Pune Mahanagar Parivahan Mahamandal Ltd (PMPML): 150 electric buses for public transport in Pune.
2. Uttarakhand Transport Corporation: 30 electric buses for Dehradun.
3. Surat Municipal Corporation: 150 electric buses for public transport in Surat.
4. Silvassa Transport Department: 25 electric buses.
5. Nagpur Municipal Corporation: Electric buses exclusively for women passengers.
6. Brihanmumbai Electric Supply and Transport (BEST): 40 electric buses.
7. Hyderabad Metropolitan Transport Corporation (HMTC): Over 100 electric buses

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