Others such as JBM Ecolife, Greencell Mobility, and PMI Electro Mobility have also bid for the large tender. EKA Mobility (Pinnacle Industries) had received approval under the ₹25,000 crore production-linked incentive scheme announced by the Centre for the auto and auto component sector. Adani Enterprises, EKA Mobility and CESL did not respond to ET s queries till press time Thursday.
EBus Fleet In Ayodhya: The e-buses will ply within the city limits providing the visiting public and pilgrims sustainable and comfortable public transport complementing the green transport mission at Ayodhya.
A majority share $45.2 million of the total funding went to early-stage startups, making up 57% of the total weekly funding. Late-stage startups saw $30 million being pumped in as investments, while seed-stage companies received a mere $4.8 million.
The investment has been made through the Performing Credit Fund (PCF), a sector-agnostic fund of Piramal Alternatives, which caters to the capital needs of mid-market companies, the company said.
The INR57,613 crore, PM-eBus Sewa scheme puts top priority on cities having no organised bus services. With this, Indias tier 2 and tier 3 cities could leapfrog from having no buses to electric bus commutes. Major e-bus manufacturers are scaling up and states are looking to decarbonise public transport. How are finance and charging infra issues being tackled?