Quick Takeaways
- Regulatory authorities imposed a financial penalty on Olectra Greentech due to delayed completion of its EV manufacturing facility in Telangana.
- Despite construction delays, partial commercial operations at the facility have already begun within agreed timelines.
On December 18, 2025, Olectra Greentech EV manufacturing facility development encountered a schedule setback at its Greenfield project in Seetharampur, Hyderabad, Telangana. The delay in completing the full factory construction led the Telangana Industrial Infrastructure Corporation Limited to impose a penalty of approximately INR 25.8 million, covering the period from November 12, 2023, to November 11, 2025.
Delay triggers regulatory action at Olectra Greentech EV manufacturing facility
The penalty followed Olectra Greentech Limited’s request for an extension to the project timelines and a no-objection certificate to enable credit facilities against the land. The company had secured around 150 acres at Seetharampur through a sale agreement dated November 11, 2021, specifically for establishing the Olectra Greentech EV manufacturing facility.
Partial operations begin despite construction lag
While the complete build-out of the plant remains pending, the company clarified that partial commercial operations at the new site have already commenced. These initial activities were initiated within the timelines stipulated in the original sale agreement, indicating progress toward operational readiness even as construction continues.
Project context and next steps
The development underscores the complexity of executing large-scale EV manufacturing projects, where construction schedules, financing arrangements, and regulatory milestones must align. Key points include:
As work proceeds toward full completion, the Olectra Greentech EV manufacturing facility remains a significant addition to Telangana’s EV ecosystem, with near-term focus on closing construction gaps and scaling operations.
Delay triggers regulatory action at Olectra Greentech EV manufacturing facility
The penalty followed Olectra Greentech Limited’s request for an extension to the project timelines and a no-objection certificate to enable credit facilities against the land. The company had secured around 150 acres at Seetharampur through a sale agreement dated November 11, 2021, specifically for establishing the Olectra Greentech EV manufacturing facility.
Partial operations begin despite construction lag
While the complete build-out of the plant remains pending, the company clarified that partial commercial operations at the new site have already commenced. These initial activities were initiated within the timelines stipulated in the original sale agreement, indicating progress toward operational readiness even as construction continues.
Project context and next steps
The development underscores the complexity of executing large-scale EV manufacturing projects, where construction schedules, financing arrangements, and regulatory milestones must align. Key points include:
- Acquisition of land for a dedicated EV manufacturing hub.
- Request for timeline extension and financing permissions.
- Penalty imposed for delayed full completion.
- Partial commercial operations already underway.
As work proceeds toward full completion, the Olectra Greentech EV manufacturing facility remains a significant addition to Telangana’s EV ecosystem, with near-term focus on closing construction gaps and scaling operations.
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