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JBM E-Bus Deployment under PM e-Bus Sewa Scheme

Sector: Mass Transit • Location: India

Source: India Infoline

Project
Planned

JBM Ecolife Mobility Pvt. Ltd., a subsidiary of JBM Auto Ltd., secured a $100 million investment from IFC to finance the deployment of air-conditioned electric buses across Maharashtra, Assam, and Gujarat. The project aims to reduce CO₂ emissions, save diesel, generate jobs, and benefit over one billion passengers. It includes pioneering a Payment Security Mechanism to improve bankability and repl

Status
Prospective
Sector
Mass Transit
Location
India
Updated
22 Jul 2026
Source
India Infoline

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The project “JBM E-Bus Deployment under PM e-Bus Sewa Scheme” is an infrastructure initiative in the Mass Transit sector, located in India. Taiyo aggregates data on it from India Infoline.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

JBM Ecolife Mobility Pvt. Ltd., a subsidiary of JBM Auto Ltd., secured a $100 million investment from IFC to finance the deployment of air-conditioned electric buses across Maharashtra, Assam, and Gujarat. The project aims to reduce CO₂ emissions, save diesel, generate jobs, and benefit over one billion passengers. It includes pioneering a Payment Security Mechanism to improve bankability and replicability of e-bus projects in India.

Original sector

Transportation

Budget

Location

Country

India

Source

Source

India Infoline

URL

More Details

Record type

Project

Sector

Mass Transit

Article published date

2025-09-19

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