{"id":571363,"date":"2023-04-24T09:30:13","date_gmt":"2023-04-24T04:00:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=571363"},"modified":"2023-04-24T10:13:42","modified_gmt":"2023-04-24T04:43:42","slug":"delhi-to-get-more-evs-as-pfc-sanctions-rs-633-cr-loan-for-cabs-3-wheelers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/delhi-to-get-more-evs-as-pfc-sanctions-rs-633-cr-loan-for-cabs-3-wheelers\/","title":{"rendered":"Delhi to get more EVs as PFC sanctions Rs 633 cr loan for cabs, 3-wheelers"},"content":{"rendered":"<p>Gensol Engineering Ltd (GEL) has been sanctioned a loan worth Rs 633 crore by Power Finance Corporation Ltd (PFC), a Maharatna company for the purchase of 5,000 passenger electric vehicles (EVs) and 1,000 cargo EVs, the power ministry informed in a press release on Friday. <\/p>\n<p>PFC is a leading NBFC in the Indian power sector. The purchased passenger EVs will be leased to Blusmart Mobility Pvt. Ltd (BMPL) to expand its fleet of ride-hailing cabs.<\/p>\n<p>The first tranche of the said loan has already been disbursed, and the first lot of EV cabs have hit the Delhi roads. <\/p>\n<p>The Additional Secretary with the Ministry of Power Ajay Tewari along with PFC CMD Ravinder Singh Dhillon flagged the first lot of EV cabs on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gensol Engineering Ltd (GEL) has been sanctioned a loan worth Rs 633 crore by Power Finance Corporation Ltd (PFC), a Maharatna company for the purchase of 5,000 passenger electric vehicles (EVs) and 1,000 cargo EVs, the power ministry informed in a press release on Friday. PFC is a leading NBFC in the Indian power sector. The purchased passenger EVs will be leased to Blusmart Mobility Pvt. Ltd (BMPL) to expand its fleet of ride-hailing cabs. The first tranche of the said loan has already been disbursed, and the first lot of EV cabs have hit the Delhi roads. The Additional [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-571363","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/571363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=571363"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/571363\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=571363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=571363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=571363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}