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Investor Presentaiton

Business Model: Gross Cost Contracts (GCC) Olectra (A Group company of meil) • • • Contract period is usually for 12 years with average daily running of 200km - 300km. The contract can be extendible on the basis of mutual agreement. Authority/STU commits and guarantees Minimum Operating Mileage per day and Contract Period Bidder finances, owns, operate buses and charge per km rate for guaranteed Operating Mileage, Contract Period. Olectra is focusing on manufacturing and supply of buses to bidder. In some cases olectra may participate as consortium member. • Olectra provides after sales service with an agreed price per km which brings additional revenues YoY. . This GCC model is also operational for premium diesel buses in India. Mmeil
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