Ashok Leyland bags contract to supply 500 buses to Sri Lanka Transport Board

 

Commercial vehicle maker Ashok Leyland on Wednesday said it has bagged a contract for supplying 500 buses to the Sri Lanka Transport Board (SLTB), of which 75 buses have already been delivered to the Island nation.

The order is a part of a Line of Credit extended by Export-Import Bank of India, under the Economic Assistance Scheme of the Indian government, it said.The company, however, did not disclose the financial details of the deal.

Sri Lanka Transport Board is the state-owned single-largest bus transport provider in Sri Lanka with 110 depots throughout the country and operates buses in city routes, hilly and rural routes and also long-distance inter-city routes.

Over 5,000 Ashok Leyland buses are currently in operation with SLTB, the company said.