Goldstone Infratech, a Hyderabad based company, is pleased to announce that It has bagged its second order for supply of twenty five Pure Electric Buses to Himachal Road Transport Corporation (HRTC), Shimla, at a price of Rs. 477.5 million excluding AMC charges.

HRTC plans to run these buses to ferry passengers in famous tourist locale Manali-Rohtang-Maneli section, a scenic hilly terrain surrounded by snow peaks. This is a 110 km long stretch, which is equivalent to nearly 150-160 kms on a plain terrain, with gradients up to 20% at an altitude of about 13000 ft in sub-zero temperatures. The proposed bus has to complete this journey in a single charge.

Goldstone has successfully completed trials of Midi electric bus in Manali-Rohtang pass. This is the first time any Pure Electric bus has been used at that altitude of over 13,000 ft and at such steep gradient anywhere in the world.

Goldstone shall be assembling these buses In India in tie up with BYD Auto, China. The bus will be designed In India and the bus body shall be fully built In India.

In fact, Goldstone Infratech had received its first order for supply of six Pure Electric Buses to Brihan Mumbai Electricity Supply and Transport (BEST) Undertaking, Mumbai.

BEST is the civic transport and electricity provider public body based in Mumbai. This will be the first time Pure Electric buses will run in Mumbai and for that matter it shall be first ever commercial run of such buses in Country. These buses will be environment friendly, running fully on batteries and shall reduce sound & air pollution. They will run for over 180 km on a single charge.

HRTC and BEST have been fully conscious of the alarming levels of pollution in cities and tourist hilly terrains. With inception of modern and reliable technology, constant efforts are being made, not only to keep pollution level under control, but minimize it too.

Electric buses help in promoting public transport by providing superior customer experience with lower noise and zero emission to lower PM 2.5 pollution levels in the cities. Electric buses are also a step towards energy security for the country by saving diesel.

Shares of the company gained Rs 2.25, or 4.93%, to trade at Rs 47.85. The total volume of shares traded was 62,723 at the BSE (12.58 p.m., Monday).