– Push for Green Energy in Puducherry, Curb on Pollution
New Delhi, Anil Singh Chauhan
The Union Territory of Puducherry has taken a major step towards promoting sustainable mobility as part of its Smart City initiative. Chief Minister N. Rangasamy flagged off 25 electric buses on Sunday. The promotion of green energy will curb the growing pollution in Puducherry. Lieutenant Governor K. Kailashnathan and Speaker R. Selvam were present at the ceremony.
This initiative is part of the Puducherry Road Transport Corporation’s (PRTC) goal to create a cleaner, quieter, and more sustainable public transportation system. These zero-emission buses will help reduce pollution and noise, providing citizens with a comfortable and eco-friendly travel experience. Out of the 25 Olectra electric buses, 15 are non-AC and 10 are AC models.
The Chief Minister stated that the specialty of these buses is their ability to cover 200 kilometers on a single charge Electric buses play a vital role in decarbonizing public transport and combating air pollution. Their zero-emission operation helps the environment in the following ways. Mahesh Babu, Managing Director of Olectra Greentech Limited, expressed delight at this partnership, stating that the initiative reflects their continued commitment to promoting clean public transport infrastructure across India.
Olectra Greentech Limited has emerged as a leading company in electric bus manufacturing in India. The company has successfully operated its e-buses in several states across the country and secured significant orders. The company is playing a key role in promoting e-buses in Telangana (intra-city and inter-city), Himachal Pradesh, Maharashtra (a large contract for Brihanmumbai Electric Supply and Transport – BEST), Madhya Pradesh (Indore), Gujarat (Surat), and Uttarakhand (Dehradun).
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Olectra Greentech Limited Stock Performance (As of October 2025)
The company’s stock market performance reflects the growing demand in the electric vehicle (EV) sector. The stock is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company has registered good returns with a Compound Annual Growth Rate (CAGR) of 123 percent over the last 5 years. The company plans to increase its manufacturing capacity to 5,000 buses per annum by the first quarter of the financial year 2026 and to 10,000 buses per annum by the financial year 2027.
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