Ad

Ad

Green Cell Mobility Invests in Renewable Energy to Power ‘NeuGo’ Buses


By JasvirUpdated On: 20-Dec-2023 12:45 PM
noOfViews3,744 Views

Follow Us:follow-image
Shareshare-icon

ByJasvirJasvir |Updated On: 20-Dec-2023 12:45 PM
Share via:

Follow Us:follow-image
noOfViews3,744 Views

This initiative is expected to fulfil the majority of power requirements for ‘NueGo’ electric buses from renewable energy sources, thereby reducing reliance on grid power significantly.

Green Cell Mobility invests in a 1MW Wind Solar Hybrid captive power plant to power its 'NueGo' lineup of electric buses. The plant will generate 4.6 million units of renewable energy and power the majority of the NueGo bus fleet.

Green Cell Mobility Invests in Renewable Energy to Power ‘NeuGo’ Buses.png

Green Cell Mobility, a pioneer in the electric bus sector, has signed a power purchase agreement and made a strategic equity investment in a 1MW Wind Solar Hybrid captive power plant situated in Ratlam, Madhya Pradesh, through its subsidiary GreenCell Express.

Environmental Impact of Investment

The subsidiary operates the ‘NueGo’ inter city electric bus brand in India. With the purchase of a power plant, these buses now will be powered by renewable energy, making it an innovative and industry-first initiative.

These buses will reduce around 38,000 metric tonnes of CO2 emissions over their entire lifetime, positively affecting the environment of India. The power plant has a capability to generate 4.6 million units of renewable energy every year.

This initiative is expected to fulfil the majority of power requirements for ‘NueGo’ electric buses from renewable energy sources, thereby reducing reliance on grid power significantly.

Also Read- Jammu & Kashmir Administration Launches Initiative to Improve Road Safety

GreenCell’s Goal to Transition to Renewable Energy

Green Cell Mobility is actively pursuing similar agreements with other Indian states to transition from grid energy to renewable energy completely. The company aims to achieve net zero status and increase the adoption of renewable energy for electric buses in the country.

Green Cell is actively collaborating with both state and central stakeholders to facilitate policy changes for the same. The Company is also exploring the deployment of battery energy storage to ensure end to end eco friendly operations.

The CEO and MD of Green Cell Mobility - Devndra Chawla said, “At GreenCell Mobility, we are not just about embracing the future; we are about creating it. This initiative of powering our EVs through renewable energy sources in Madhya Pradesh is more than an innovation.”

“It's a commitment to our planet and our future generations. We are setting a precedent in the industry, demonstrating that sustainable practices can go hand-in-hand with business growth,” he added.

News


Ashok Leyland Partners with Nagaland Rural Bank for Vehicle Financing Solutions

Ashok Leyland Partners with Nagaland Rural Bank for Vehicle Financing Solutions

The agreement was signed by C. Neelakantan, Head of Treasury and Direct Taxation at Ashok Leyland, and Velayutham Sadhasivam, Chairman of Nagaland Rural Bank....

02-Apr-25 10:35 AM

Read Full News
VECV Sales Report March 2025: 12,094 Units Sold; Sales Grew by 7.6%

VECV Sales Report March 2025: 12,094 Units Sold; Sales Grew by 7.6%

VECV reports growth in sales for March 2025. Here are the key highlights and performance trends of VECV....

02-Apr-25 08:40 AM

Read Full News
Mahindra Last Mile Mobility Leads Electric Commercial Vehicle Market for Fourth Year

Mahindra Last Mile Mobility Leads Electric Commercial Vehicle Market for Fourth Year

Despite tough competition from big brands and new companies, MLMML has secured a 37.3% market share in the L5 category. ...

02-Apr-25 06:42 AM

Read Full News
Tata Motors registered 41,122 Commercial Vehicle Sales in March 2025

Tata Motors registered 41,122 Commercial Vehicle Sales in March 2025

Discover the latest sales insights from Tata Motors Limited! March 2025 sales: CV Domestic sales were 38,884 units. ...

02-Apr-25 05:37 AM

Read Full News
Ashok Leyland Sales Report March 2025: Reports 4% Growth in Domestic Sales

Ashok Leyland Sales Report March 2025: Reports 4% Growth in Domestic Sales

Explore Ashok Leyland’s sales growth in March 2025, with positive performance in domestic markets, especially in M&HCV truck sales....

01-Apr-25 12:07 PM

Read Full News
Atul Auto Reports Strong Sales Performance for March 2025 and FY 2024-25

Atul Auto Reports Strong Sales Performance for March 2025 and FY 2024-25

Atul Auto recorded total sales of 3,693 units in March 2025, marking an 18.06% increase from 3,128 units sold in March 2024....

01-Apr-25 10:33 AM

Read Full News

Ad

Ad

web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.