GreenCell Express Private Limited (GEPL)

GreenCell Electric Bus Project - DFI Direct Loan

Industry
Social infrastructure/Electric Vehicles
Area of finance
Project & Infrastructure Finance
Region
South Asia
South Asia
Countries
India

Project Overview

ADB and GreenCell have signed financing package for safer E-buses in India.GreenCell Express Private Limited will develop 255 electricity battery-powered buses on 56 intercity routes in India. The package is comprised of a $20.5 million loan in rupees; a $14 million loan from the Clean Technology...

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Deal Volume
$55m
Financial Close
19/08/2022
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Project Deals

GreenCell Electric Bus Project
$60.53m
Greenfield
Electric Vehicles
South Asia
South Asia
India