Olectra Greentech Share Price Rises 4%; Begins Commercial Operations at Hyderabad EV Facility

Olectra Greentech Limited has marked a key operational milestone with the declaration of the Commercial Operation Date (COD) for its greenfield electric vehicle manufacturing facility in Telangana. The development signals the company’s steady progress in expanding its electric mobility footprint in India.

Commercial Operations Begin at Hyderabad Facility

Olectra Greentech declared December 31, 2025, as the Commercial Operation Date for its greenfield EV manufacturing facility located at Seetharampur, Hyderabad. The declaration formally confirms that the plant has commenced commercial production and is ready to contribute to the company’s manufacturing output. The COD has also been duly communicated to the company’s lender, State Bank of India.

Phase-I Capacity and Production Details

The Hyderabad facility has been commissioned with an annual per shift production capacity of 2,500 electric buses under Phase-I. This capacity represents 50% of the plant’s planned per shift annual capacity of 5,000 buses. The phased approach allows Olectra Greentech to scale up production in line with demand while optimising capital utilisation and operational efficiency.

Olectra Greentech Share Price 

On January 2, 2026, Olectra Greentech share price (NSE: OLECTRA) opened at ₹1,211.70, up from its previous close of ₹1,200.60. At 10:39 AM, the share price of Olectra Greentech was trading at ₹1,253.30, up by 4.39% on the NSE.

Also Read: Dec 2025 Auto Sales!

Conclusion

The declaration of COD for the Hyderabad EV manufacturing facility marks a significant step in Olectra Greentech’s growth journey. With Phase-I capacity of 2,500 buses now operational and further expansion planned, the company is well-positioned to cater to increasing demand for electric buses while strengthening its long-term manufacturing and execution capabilities.

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