India: GreenCell Electric Bus Financing Project

Nonsovereign Project | 55288-001

Project Details

  • Project Officer
    Kaur, Japnit
    Private Sector Operations Department
    Request for information
  • Approval Date
    19 August 2022
  • Country/Economy
    India
  • Sector
    • Transport
Project Name GreenCell Electric Bus Financing Project
Project Number 55288-001
Borrower / Company GreenCell Express Private Limited
Country / Economy India
Location Andhra Pradesh, Delhi, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand
Type or Modality of Assistance
0839 Grant Clean Technology Fund USD 325,000 Approved
0840 Grant Climate Innovation and Development Fund USD 5.20 million Approved
4201 Loan Ordinary capital resources INR 1,599.50 million Approved
8420 Loan Clean Technology Fund USD 14.00 million Approved
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Transport / Urban public transport

Gender Equity and Mainstreaming Gender equity
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Kaur, Japnit
Project Sponsor(s) GreenCell Mobility Private Limited
GreenCell Mobility Private Limited
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval 19 Aug 2022
Last PDS Update 22 Aug 2022

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Title Document Type Document Date
GreenCell Electric Bus Financing Project: FAST Report Faster Approach to Small Nonsovereign Transactions Aug 2022
GreenCell Electric Bus Financing Project: Gender Action Plan Gender Action Plans Aug 2022
GreenCell Electric Bus Financing Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Jul 2022

Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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