Asia Connect
ADB, AIIB lend 7.2 billion rupees for India e-buses
Loan to finance procurement of up to 650 units, operations of depots and charging infrastructure
Michael Marray
18 Sep 2024
The Asian Development Bank ( ADB ) and the JBM Group have signed a 3.6 billion rupee ( US$43.2 million ) non-convertible debenture loan to expand access to electric buses in the Indian states of Haryana and Odisha.