JBM E-Bus Deployment under PM e-Bus Sewa Scheme
Sector: Mass Transit • Location: India
Source: India Infoline
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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Project Information
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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