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Olectra Greentech Reviews

Hyderabad, Telangana

4.7/ 5

3 reviews

Olectra Greentech Limited (Olectra), formerly known as Goldstone Infratech Limited, is a prominent Indian pioneering public manufacturing company leading the nation's transition toward sustainable electric mobility and advanced power infrastructure. Established in 2000 and headquartered in Hyderabad, Telangana, the company operates as a key subsidiary of the MEIL (Megha Engineering & Infrastructures Ltd.) Group. Olectra is publicly listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The business operations of Olectra Greentech are strategically divided into two primary divisions: the E-Vehicle Division and the Composite Polymer Insulator Division, with the electric mobility segment driving the majority of its commercial growth. As India's largest pure electric bus manufacturer, the E-Vehicle division has positioned Olectra as a market leader in green public transport infrastructure. Olectra was the first company in India to introduce and deploy multiple variants of pure electric buses, including 7-meter, 9-meter, and 12-meter air-conditioned models, alongside inter-city super luxury coaches. These zero-emission vehicles serve State Transport Undertakings (STUs) across major cities like Mumbai, Pune, Hyderabad, and Ahmedabad, covering over 50 crore clean kilometers. Expanding its product portfolio in the e-mobility segment, Olectra introduced heavy-duty electric tippers and commercial electric trucks to cater to mining, construction, and logistics sectors. To meet its robust order book, which exceeds 9,400 electric buses, Olectra operates multiple manufacturing sites and has established a massive, new 150-acre greenfield EV manufacturing facility in Hyderabad with a scalable capacity of up to 10,000 units annually. In its Insulator Division, Olectra is a pioneer and a dominant national supplier of High Voltage (HV) and Extra High Voltage (EHV) composite polymer silicon rubber insulators ranging from 10KV to 1200KV. These advanced polymer insulators offer superior durability and performance under harsh environmental conditions compared to conventional porcelain alternatives. This division serves major state and central power generation and transmission corporations across India, while also maintaining an international footprint by exporting high-quality electrical infrastructure products to foreign markets, including the United States, Nepal, and parts of Africa. Financially, Olectra Greentech has demonstrated strong performance, closing the fiscal year with consolidated revenues of approximately INR 2,312 crore, driven by record EV deliveries and robust manufacturing operations. The company employs over 1,000 individuals across its corporate offices and production plants in Cherlapally, Mahbubnagar, and Sangareddy. Led by a board of directors that includes Chairman Venkata Krishna Reddy Puritipati, Olectra heavily emphasizes research and development, utilizing advanced platforms to advance engineering innovations. Through its core mission, Olectra continues to deliver cutting-edge clean-energy vehicles and high-performance power grid components, solidifying its role in environmental preservation and technological excellence.