November 22, 2024 18:50 (IST)
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Ashok Leyland to invest Rs 1,000 cr for green mobility plant in Uttar Pradesh

Ashok Leyland to invest Rs 1,000 cr for green mobility plant in Uttar Pradesh

New Delhi: Ashok Leyland, the flagship company of the Hinduja Group, announced on Friday that it will invest Rs 1,000 crore in Uttar Pradesh to establish a bus manufacturing facility dedicated to clean mobility, media reports said.

Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs

Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs

New Delhi/IBNS: Power Finance Corporation Ltd (PFC) has sanctioned a loan of Rs 633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs.

Green financing critical to decarbonizing the Indian transport sector: NITI Aayog CEO

Green financing critical to decarbonizing the Indian transport sector: NITI Aayog CEO

New Delhi/IBNS: More financial instruments are required to provide a further impetus to clean mobility in India, especially shared mobility, while focussing on financing mechanisms that are widely applicable, acceptable, and, most importantly, sustainable, according to NITI Aayog CEO Amitabh Kant.