India's GreenCell receives $55m sanctions from ADB, others to make e-buses

India's GreenCell receives $55m sanctions from ADB, others to make e-buses

An engineer walks towards a Navya autonomous electric bus. Photographer: Nicky Loh/Bloomberg

Electric bus maker GreenCell Mobility has received $55 million in sanctions from Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Clean Technology Fund (CTF) to develop 255 electric battery-powered buses.

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