{"id":585404,"date":"2023-06-19T12:14:35","date_gmt":"2023-06-19T06:44:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=585404"},"modified":"2023-06-19T12:14:35","modified_gmt":"2023-06-19T06:44:35","slug":"electric-bus-maker-pmi-electro-in-talks-to-raise-rs400-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/electric-bus-maker-pmi-electro-in-talks-to-raise-rs400-crore\/","title":{"rendered":"Electric bus maker PMI Electro in talks to raise Rs400 crore"},"content":{"rendered":"<p>PMI Electro Mobility, India&#8217;s largest electric bus manufacturer, is in talks with investors to raise \u20b9400 crore. It plans to primarily deploy the equity raised into its special purpose vehicle (SPV) All-Fleet, which purchases buses from PMI and runs and maintains them for state transport undertakings.<\/p>\n<p>The fundraise comes against the backdrop of the company winning a contract of 2,026 electric buses from the Delhi government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PMI Electro Mobility, India&#8217;s largest electric bus manufacturer, is in talks with investors to raise \u20b9400 crore. It plans to primarily deploy the equity raised into its special purpose vehicle (SPV) All-Fleet, which purchases buses from PMI and runs and maintains them for state transport undertakings. The fundraise comes against the backdrop of the company winning a contract of 2,026 electric buses from the Delhi government.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-585404","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/585404","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=585404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/585404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=585404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=585404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=585404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}