{"id":645861,"date":"2025-09-12T08:42:32","date_gmt":"2025-09-12T03:12:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645861"},"modified":"2025-09-12T09:28:55","modified_gmt":"2025-09-12T03:58:55","slug":"ifc-backs-jbm-greencell-with-137-million-for-e-bus-rollout","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ifc-backs-jbm-greencell-with-137-million-for-e-bus-rollout\/","title":{"rendered":"IFC backs JBM, GreenCell with $137 million for e-bus rollout"},"content":{"rendered":"<p>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 emobility players \u2014JBM ECOLIFE (JBM) and GreenCell Mobility.<\/p>\n<p>IFC will provide $100 million to JBM ECOLIFE (JBM), part of JBM Auto Limited, a manufacturer and operator of e-buses in India, and $37 million in mezzanine capital to GreenCell Mobility (GreenCell), OEM-agnostic e-bus operator, sponsored by Eversource Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 emobility players \u2014JBM ECOLIFE (JBM) and GreenCell Mobility. IFC will provide $100 million to JBM ECOLIFE (JBM), part of JBM Auto Limited, a manufacturer and operator of e-buses in India, and $37 million in mezzanine capital to GreenCell Mobility (GreenCell), OEM-agnostic e-bus operator, sponsored by Eversource Capital.<\/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-645861","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\/645861","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=645861"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645861\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}