Search: GreenCell

Published stories matching “GreenCell”.

  • Bengaluru Metropolitan Transport Corporation's failure to issue work orders for 4,500 electric buses under the PM E-DRIVE scheme has prompted six states and cities to request 4,220 additional buses, including 2,000 from Andhra Pradesh, 600 from Hyderabad, 500 from Surat, 900 from Rajasthan, 200 from Jammu and Kashmir, and 20 from Meghalaya. Despite the Centre completing the tender process in December 2025 and finalising bids with Greencell Mobility, Chartered Speed, and PMI Electro as lowest bidders, BMTC still awaits Karnataka Cabinet approval to issue Letters of Award. Moneycontrol reports the Union Ministry of Heavy Industries may reallocate Bengaluru's sanctioned fleet if delays continue.

    Why it matters: The impasse demonstrates how state level approval bottlenecks can jeopardise large scale e-bus procurements, potentially shifting 4,500 units worth of manufacturing and deployment contracts to competing jurisdictions. Operators and OEMs tracking India's PM E-DRIVE pipeline face uncertainty over whether Karnataka's allocation will proceed or be redistributed among the six requesting states.

    PM E-DRIVE (in)India10 Jul 2026 · date approximateSource
  • EKA Mobility and GreenCell have secured a letter of award to supply 915 electric buses to Hyderabad under India's PM E-DRIVE programme, according to Autocar Professional. The deployment forms part of the national scheme promoting electric mobility in public transport. No financial details or delivery timeline were disclosed in the report.

    Why it matters: The award signals a major procurement milestone for Hyderabad's bus electrification and highlights the scale of opportunities under PM E-DRIVE for OEMs and charging infrastructure providers. Operators and CPOs should monitor contract details for associated charging infrastructure requirements across the 915 vehicle fleet.

    EKA Mobility (in)GreenCell (in)India23 Mar 2026 · date approximateSource
  • GreenCell Mobility will deploy 570 electric buses in Delhi, expanding its presence in India's public transport sector. The rollout strengthens the company's position in the capital's bus fleet electrification efforts. ET Auto reported the deployment as part of GreenCell's broader push into urban transit operations.

    Why it matters: A 570 bus order signals substantial charging infrastructure demand in Delhi and offers procurement opportunities for depot charging hardware and energy management systems. Fleet operators and charge point operators can track GreenCell's expansion to identify partnership or supply openings in India's growing electric bus market.

  • GreenCell Mobility has secured $89 million in mezzanine funding led by the International Finance Corporation, British International Investment and Tata Capital. The operator currently runs more than 1,200 electric buses supported by over 270 charging stations and plans to scale to 3,700 buses under contracts awarded through the National E-Bus Programme and PM Seva E-Mobility initiative, covering intra-city routes in Delhi, Madhya Pradesh, Andhra Pradesh, Bihar and Puducherry.

    Why it matters: The funding signals major charging infrastructure expansion as GreenCell scales from 270 to support 3,700 buses, creating procurement opportunities for depot charging hardware and energy management systems across tier-2 and tier-3 Indian cities. Development finance backing underscores the bankability of large scale public transport electrification projects in emerging markets.

    GreenCell Mobility (in)India21 Jan 2026 · date approximateSource