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Olectra Greentech Partners with Reliance to Launch Carbon-free Hydrogen Bus in India

The shares of Olectra Greentech jumped 16 percent on the BSE

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Aditya Saikrishna
Aditya Saikrishna
I am 21 years old and an avid Motorsports enthusiast.

INDIA: Indian electric vehicle manufacturer, Olectra Greentech, has announced its collaboration with Reliance as a technology partner to develop a hydrogen bus that could revolutionize the country’s public transportation sector. 

Olectra Greentech and Reliance team up to develop hydrogen bus

The 12-metre low-floor bus can seat up to 49 passengers, excluding the driver. According to the company, a single hydrogen fill can allow the bus to travel up to 400 km, and the refilling process takes only 15 minutes. 

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The type-4 hydrogen cylinders are installed on the bus and can withstand temperatures between -20 and +85 degrees Celsius. 

The bus will generate only water as tailpipe emissions when it comes to emissions, making it a fully carbon-free alternative to traditional public transportation.

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Olectra Greentech, a part of the MEIL Group, has been a pioneer in the Indian electric vehicle manufacturing sector since 2000. 

The company has also been India’s principal silicone rubber and composite insulators manufacturer for power transmission and distribution networks.

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“The auto company is planning the commercial launch within a year,” said the company in a statement.

The launch of the hydrogen bus has already created a buzz in the stock market, with Olectra Greentech’s shares surging by 16% to touch a day’s high level of Rs 558.5 apiece on the BSE. At 3 PM, the stock was up almost 11% to Rs 533.5 per share.

This new offering from Olectra Greentech and Reliance is a step forward in reducing India’s carbon footprint and promoting the use of clean energy in public transportation. 

The hydrogen bus will provide an efficient and eco-friendly mode of transportation for commuters while also contributing to India’s target of reducing carbon emissions by 33-35% by 2030.

India is home to some of the world’s most polluted cities, and the transport sector is a chief contributor to this issue. 

In this context, Olectra Greentech’s hydrogen bus could be a game-changer in the Indian transportation sector, providing an innovative and sustainable solution for commuters and city dwellers.

With the commercial launch set for the near future, Indian commuters can look forward to experiencing a cleaner, greener, and more efficient mode of transportation, thanks to Olectra Greentech and Reliance’s collaboration.

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