India, May 27 -- State transport minister Pratap Sarnaik directed officials of the Maharashtra State Road Transport Corporation (MSRTC) to cancel the contract for procuring 5510 electric vehicles (EV) on lease from Evey Trans Pvt Ltd, a sister company of Olectra Geentech Ltd, if the company fails to deliver around 1000 EV buses by mid-July, as promised earlier.

Sarnaik said this on Monday in a meeting with MSRTC officials while reviewing the progress of procuring EVs on lease. The minister was irked by the company shifting the deadline for the delivery repeatedly in the past. The company first reneged on its promise to deliver 1000 buses by December 2024, requesting an extension till May 2025 which was further pushed to July 2025. It was...