Olectra Greentech Employees pledges to contribute to PM CARES Fund
Hyderabad: In a bid to support the Government of India’s efforts to contain the deadly Covid-19 Virus in the country, Olectra Greentech, an electric mobility company, has pledged to contribute INR 17,26,664 to PM CARES – Prime Minister’s Citizen Assistance and Relief in Emergency Situations – a fund created to fight against the pandemic COVID-19. Out of the total corpus, all the employees of the organization are contributing their one day’s salary totalling INR 7,26,664 while INR 10,00,000 has been added by the company for the purpose. It is also to note that Olectra’s parent company MEIL has already contributed INR 13 Crores to various State Governments.
At a time when India is combating the virus by staying at home and maintaining social distance while following personal hygiene all the time, the doctors, the police department and the other government arms are extending their great service to the nation. As a social responsibility, the company that is committed to the sustainable environment in the country, Olectra Greentech has decided to contribute its bit to the society.
“We sincerely applaud the commitment of the Hon’ble Prime Minister, Mr Narendra Modi and the Government of India’s efforts in combating the COVID-19 pandemic. With the successful implementation of 21 days lockdown in the country, India is showing the world an effective way to combat the deadly virus. At this crisis time, with this small contribution, we stand in solidarity with the government and hope the situation will be improved in the shortest possible time and resume normalcy soon in the country,” said Mr N. Nagasatyam, Executive Director – Olectra Greentech.
About Olectra Greentech Limited: Established in 2000, Olectra Greentech Limited (a public listed company) – part of MEIL Group, pioneered the introduction of electric buses in India in 2015 in a strategic tie-up with BYD Auto Co Ltd, China. It is also the largest manufacturer in India for Silicone Rubber/Composite Insulators for power transmission and distribution networks.