Home Business PFC approves EV financing facility of ₹633 cr towards greener Delhi

PFC approves EV financing facility of ₹633 cr towards greener Delhi

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Dhrumit Thakkar
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(G.N.S) dt. 21 New Delhi Power Finance Corporation Ltd (PFC) has sanctioned a loan of ₹633 crore to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs. The passenger EVs will be leased to Blusmart Mobility Pvt. Ltd (BMPL) to expand its fleet

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