Ashok Ley­land wins or­ders; stock gains

Commercial Vehicle - - NEWS -

On the back of some sig­nif­i­cant or­ders won by Ashok Ley­land, the stock price moved up two per cent. The first or­der was bagged by Ashok Ley­land’s Bri­tish sub­sidiary Optare PLC from Trans­port for Lon­don (TfL) for the sup­ply of 31 Optare Metrodecker EV dou­ble-decker buses. Bought by Metro­line, the dou­ble-decker buses will add to Lon­don’s fleet by next sum­mer. They will ply on Metro­line’s iconic routes 43, from Fri­ern Bar­net to Lon­don Bridge, and 134, North Finch­ley to Tot­ten­ham Court Road). The or­der marks the de­liv­ery of largest pure elec­tric dou­ble-decker bus fleet in Europe. It also re­flects upon Ashok Ley­land’s tech­nol­ogy prow­ess and the grow­ing e-mo­bil­ity busi­ness. De­vel­op­ing e-mo­bil­ity solutions for var­i­ous markets, Ashok Ley­land has won an or­der to sup­ply 300 dou­ble-decker buses to the Bangladesh Road Trans­port Cor­po­ra­tion (BRTC). The sup­ply of these buses is ex­pected to help de­con­gest the busy roads of Dhaka. To be de­liv­ered within the next eight months, the Bangladesh or­der would help fur­ther strengthen its po­si­tion in one of its key ex­port markets. If they will help the com­pany to de-risk from cyclic­ity in the do­mes­tic mar­ket, the com­pany has an­nounced the de­vel­op­ment of an in-line fuel pump equipped BSIV diesel en­gine. Called ‘In­no­line’, the en­gine em­ploys a B53 in-line fuel pump. Ben­e­fits in­clude lower op­er­at­ing cost, lower main­te­nance, and no need for AdBlue mech­a­nism. While other CV mak­ers chose to em­ploy SCR tech­nol­ogy on their heavy ve­hi­cles, Ashok Ley­land came out with iEGR tech­nol­ogy last year. This was in view of the mi­gra­tion to BSIV from BSIII. One lakh CVs us­ing iEGR tech­nol­ogy have al­ready been sold ac­cord­ing to Ashok Ley­land sources. The lnno­line tech­nol­ogy em­ployed on H-se­ries en­gines is not only ex­pected to take the iEGR tech­nol­ogy to the next level, it is also ex­pected to of­fer a sim­pler sys­tem to the fleet op­er­a­tors. En­abling eas­ier main­te­nance and cost sav­ing, the tech­nol­ogy is ARAI cer­ti­fied. The tech­nol­ogy can be up­graded for use on BSVI en­gines as well.

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