1️⃣ What’s the news? Olectra Greentech Ltd. ne Telangana State Road Transport Corporation (TSRTC) se related ek update diya hai. EVEY Trans Pvt. Ltd., jo ek subsidiary hai, ko pehle 500 Intra-city aur 50 Inter-city electric buses ka order mila tha. 2️⃣ Kya change hua? TSRTC ne Inter-city operations ke liye 50 buses ke order ko reduce karke 10 buses kar diya hai. Baaki 40 buses ka order withdraw ho gaya hai. 😔 Ye 10 buses already deliver ho chuke hain by May 2023. 3️⃣ How does it affect Olectra? Company ke mutabik, is reduction ka koi bada adverse impact nahi hoga kyunki unke paas already ek strong order book hai for electric buses. So, business as usual! 💪 4️⃣ Contract Details Ye order Gross Cost Contract (GCC)/OPEX model pe tha, 10 years ke liye. EVEY Trans (TEL) Pvt. Ltd., jisme EVEY ka 74% aur Olectra ka 26% stake hai, is contract ko execute kar raha tha. 5️⃣ Why this matters? Electric buses ka market India mein grow kar raha hai, aur Olectra isme ek big player hai. Yeh news thodi setback hai, lekin company confident hai apne future orders ke saath. 🌱 #olectragreentech #electricbuses #tsrtc #greenmobility #stockmarket