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According to the terms of the agreement, SMBC has extended a long-term Project Finance facility to GreenCell Mobility for its 350 electric buses project in UP, the company said.
Mumbai: State transport commissioner Vivek Bhimanwar has ordered a probe into complaints of buses with counterfeit engine and chassis numbers in the w.
GreenCell Mobility, a well-known electric mobility solutions provider in the country, has been selected as a partner by the Uttar Pradesh Urban Transport Directorate to deploy 150 intra-city electric buses in Ayodhya for the Ram Mandir consecration ceremony.
Surat E-Mobility Project: "GreenCell has availed green loan by the leading global bank, Standard Chartered Bank, in a significant move to step up our efforts towards transforming India's electric transportation landscape.
On Friday, GreenCell Mobility and VE Commercial Vehicles announced that they had reached a deal to supply 1,000 electric buses over the following five years. The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (VECV) supplying 1,000 Eicher electric buses to GreenCell's intercity bus business, NueGo, the two companies said in a joint statement.