{"id":645859,"date":"2025-09-12T08:45:30","date_gmt":"2025-09-12T03:15:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645859"},"modified":"2025-09-12T09:29:38","modified_gmt":"2025-09-12T03:59:38","slug":"indias-e-bus-revolution-gets-137-mn-ifc-backing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-e-bus-revolution-gets-137-mn-ifc-backing\/","title":{"rendered":"India&#8217;s e-bus revolution gets $137 mn IFC backing"},"content":{"rendered":"<p>New Delhi: In a move to electrify public transport in India and enhance access to innovative urban mobility solutions, the International Finance Corporation Thursday announced $137 million in financing to e-mobility players JBM Ecolife and GreenCell Mobility. <\/p>\n<p>IFC will provide $100 million to JBM Ecolife, part of JBM Auto Ltd, a manufacturer and operator of e-buses in India, and $37 million in mezzanine capital to GreenCell Mobility, an OEM-agnostic e-bus operator sponsored by Eversource Capital. &#8220;E-mobility is the future-and we are making it possible through investments in leaders like JBM and GreenCell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: In a move to electrify public transport in India and enhance access to innovative urban mobility solutions, the International Finance Corporation Thursday announced $137 million in financing to e-mobility players JBM Ecolife and GreenCell Mobility. IFC will provide $100 million to JBM Ecolife, part of JBM Auto Ltd, a manufacturer and operator of e-buses in India, and $37 million in mezzanine capital to GreenCell Mobility, an OEM-agnostic e-bus operator sponsored by Eversource Capital. &#8220;E-mobility is the future-and we are making it possible through investments in leaders like JBM and GreenCell.<\/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":[130,239,136],"tags":[],"class_list":["post-645859","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\/645859","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=645859"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645859\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}