Evey shall procure the buses from Olectra Greentech and which shall be delivered over a period of 12 months. Maintenance of these buses shall also be undertaken by Olectra during the contract period. These transactions between the Company and Evey are to be considered as related party transactions and shall be at arm's length basis.
With these, total order book of Olectra for electric buses against above and earlier orders are around 1,530 electric buses after considering the deliveries already made.
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