power finance corporation

Indian Cab Aggregator Secures $75 Million Loan To Acquire 6,000 EVs

May 1, 2023 admin clean transport, Electric vehicles, green economy, India, india electric cars, india electric mobility, india evs, investment, mass transit / public transit, pfc, power finance corporation

Credit to Author: Saurabh| Date: Fri, 28 Apr 2023 13:05:31 +0000

Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates only electric cars. Funds secured […]

CleanTech Energy News Science

To Attract Investors & Developers, India Announces Incentives For Solar Energy Parks

September 16, 2019 admin clean power, India, india renewable energy, india solar power, india wind energy, nhpc, nlc india, ntpc, power finance corporation, power grid of india, rural electricity corporation, Solar energy, solar power plants

Credit to Author: Saurabh| Date: Mon, 16 Sep 2019 16:15:28 +0000

The Indian government is planning to facilitate implementation of solar power parks across the country with each project having a capacity of 2 gigawatts. The solar and wind energy parks shall be implemented under the ultra mega renewable energy power parks program. The capacity proposed for each park earlier was believed to be 1.8 gigawatts