Olectra's tender loss to impact e-bus rollout plans - Electric Vehicles News

Summary

The article discusses Maharashtra's cancellation of an electric bus order from Olectra Greentech, impacting the national electric bus program's goals and raising financial concerns about Olectra's borrowing. It highlights issues with local sourcing and tender management, potentially affecting investor confidence. Tags and key concepts relate through the focus on electric buses and the Maharashtra State Road Transport Corporation's decision.