GreenCell Mobility (GreenCell), a leading pan-India shared electric mobility player, has appointed Devndra Chawla as the new CEO of the company. Chawla will lead the company’s objective of being the prime mover in building sustainable growth momentum in the shared e-mobility space. He will report to the board of GreenCell.
GreenCell Mobility is backed by Eversource Capital, the investment manager for India’s largest climate fund, Green Growth Equity Fund (GGEF).
Bags contract of 570 electric buses from the Transport Department, Government of NCT Delhi
Mumbai; January 9, 2023: – GreenCell Mobility Ltd (GreenCell), a leading pan-India shared electric mobility player has bagged order from Transport Department, Government of NCT Delhi for 570 electric buses. The tender was floated by Convergence Energy Services Ltd (CESL), a Government of India undertaking, under National E-bus Program (NEBP). This contract for 6,465 E-Buses under Gross Cost Contracting (GCC) basis is the largest tender for E-buses ever floated in India.
GreenCell had bid for 1,900 12-metre low floor e-Buses, in the tender floated by CESL. This lot was one of the most competitive and highly contested one, with GreenCell emerging as a winner, with allocation of 570 buses to be deployed over the next two years. This bid expands the B2G portfolio of GreenCell by more than 60% and expands GreenCell’s presence across India with a marquee counterpart such as the Government of Delhi.
GreenCell aims to become a leading pan-India shared electric mobility player by leveraging proven global experience, developments in e-mobility technology, and the Government of India’s strong push for electrification of transportation in India. GreenCell is implementing close to 1,500 E-buses in the states of Maharashtra, Gujarat, Uttar Pradesh, Karnataka, Rajasthan, Uttarakhand, New Delhi, and Madhya Pradesh of which more than 700 E-buses are operational across 23 cities.
Speaking on the occasion, Mr. Sumit Mittal, COO & Director – Finance, GreenCell Mobility said, “We are delighted to be among the winners of this tender which is part of larger goal of Government of India to deploy 50,000 E-buses on Indian roads in the next few years while modernizing and strengthening green public transportation in India. GreenCell Mobility has always lived up to the extraordinary quality and safety standards and the same shall be extended for this mandate.”
The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and Clean Technology Fund (CTF) signed a $55 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India and enhance the safety of passengers, especially women, through improved security features including cameras, tracking and panic buttons connected to command controls for immediate response.
Additionally, grants worth $325,000 from the CTF and $5.2 million from Goldman Sach’s and Bloomberg’s the Climate Innovation and Development Fund (CIDF). CIDF grant will partially finance the decarbonization of 100 of the 255 e-buses by deploying solar power-plus-battery energy storage systems. Overall, the project will reduce emissions of around 15,000 tons a year.
“Electrifying transportation is a key driver of reducing greenhouse gas emissions in our cities. This funding accelerates our agenda of promoting and investing in clean and sustainable businesses in India to achieve India’s climate objectives and Sustainable Development Goals,” said EverSource Capital Managing Director and CEO Dhanpal Jhaveri.
Adding, Sumit Mittal, COO & Director- Finance, GreenCell Mobility, said, “This financing package is more than an investment in GreenCell Mobility; it’s an investment in a greener, safer and thus more sustainable future for India. We welcome it as an endorsement of our efforts to become a leading pan-India shared electric mobility player as part of India’s strong push for electrification of transportation. With GreenCell Express Private Limited (GEPL) offering, we bring to the intercity bus travel segment, electric buses that reinforce safe, seamless travel experience for new age Indian travellers, especially our women.”
GreenCell Mobility, offering electric mobility as service platform, is running the first intercity e-bus for Maharashtra Regional State Transport (MSRTC) from Pune. Marking the commemoration day of MSRTC’s foundation, the first electric bus service was launched on 1st June on the Pune-Ahmednagar route. These electric buses, dubbed ‘Shivai’ will be introduced across the state in stages. GreenCell Mobility would be deploying 50 such electric buses for intercity travel across Maharashtra for MSRTC in the cities of Pune, Aurangabad, Kolhapur, Nasik and Solapur soon.
• 50 buses will be deployed soon on four Intercity routes under MSRTC
• 3,743 tons of CO2 zero tailpipe emissions avoided over lifetime of these buses
Starting June 1st, these electric buses, dubbed ‘Shivai’ will be introduced across the state in stages. GreenCell Mobility, offering electric mobility as service platform, would run the first intercity e-bus for Maharashtra Regional State Transport (MSRTC) from the city. Marking the commemoration day of MSRTC’s foundation, the bus would be running on the Pune- Ahmednagar route.
GreenCell Mobility would be deploying 50 such electric buses for intercity travel across Maharashtra for MSRTC in the cities of Pune, Aurangabad, Kolhapur, Nasik and Solapur soon. GreenCell Mobility will create ‘green routes’ with Twelve-meter buses in the state; over time 10 buses will ply between Pune and Aurangabad as an extension of the Pune- Ahmednagar route; while 12 buses will run on the Pune – Kolhapur route; 18 buses will operate between Pune – Nasik and 10 buses between Pune- Solapur.
Ashok Agarwal, MD& CEO, GreenCell Mobility, on the occasion said,” With these e-bus the aim is to promote green and sustainable public transport in the state. We are very happy to partner MSRTC in this effort and look forward to providing passengers with a comfortable, safer, and greener way of travel.”
Shared electric mobility player GreenCell Mobility Brand ‘NueGo’ Receives Permits from State Transport Authority of Madhya Pradesh for Indore-Bhopal Route
Greencell stated that road trials for its all e-Buses will be the 1st in the State & the buses would be completing 1 Lakh Kms of road trails before they open up for Passengers Services
Shared electric mobility player GreenCell Mobility on Thursday announced the launch of intercity coach brand ‘NueGo’ with an initial plan to have services across 24 cities in India. In the initial phase, 250 electric buses will connect 24 cities, while the overall plan is to roll out 750 premium air conditioned e-buses across key intercity routes in southern, northern and western India covering key transit routes with coverage in over 75 cities, the company said in a statement.
“The brand’s promise is to deliver a seamless booking experience, exceptional ride quality and in-cabin experience, while ensuring a safer and greener ride. We are here to elevate the customer’s experience,” GreenCell Mobility Managing Director and CEO, Ashok Agarwal, said.
Aimed as new Age traveller Global 1st Intercity E-bus coach Brand offering from Greencell Mobility
Ashok Agarwal, the managing director and chief executive officer of the company announced the launch in June with three buses to start with on Bhopal-Indore route
Tentative Launch: June 2022 with 3 e-buses on Bpl-Ind route
Total buses in loopline (registered): 100 by June 2023
Depo: near Halalpur, Lalghati
Seats: 45-seater, 54-seater
Sleeper coaches: 30-seater, 36-seater
Greencell Mobility Welcome aboard Perfect Relations as End to End Partner for PR Solutions …
The consultancy bagged the account in a competitive multi-agency pitch and will be responsible for managing the end-to-end PR solutions for GreenCell Mobility in India. GreenCell Mobility is e-Mobility company backed by EverSource Capital, the fund manager of Green Growth Equity Fund (GGEF).
Speaking of the association, Ashok Agarwal, Managing Director & Chief Executive Officer, GreenCell Mobility said, “We are committed to redefining the future of shared mobility in our country by providing smart and sustainable mobility solutions for all Indians. We look forward to working with Perfect Relations on our communication objective as we strengthen our presence across key cities in the country.”
GreenCell Mobility, which is an e-mobility platform supported by Governments of India and United Kingdom to boost adoption of electric vehicles in the country, got into an Agreement with PFC for deployment of 350 Electric buses across 9 cities of UP under FameII sceme
The buses will be deployed in key cities of UP including Agra, Meerut, Aligarh, Bareilly, Ghaziabad and Mathura.
Electric buses offer sustainable mobility solutions by tackling challenges of poor air quality and also reducing carbon footprints of the nation.