GreenCell Mobility advances green revolution with EV powering strategy
POWER & RENEWABLE ENERGY

GreenCell Mobility advances green revolution with EV powering strategy

GreenCell Mobility, a trailblazer in the electric vehicle (EV) sector, announced that its subsidiary, GreenCell Express, operating under the "NueGo" brand of inter-city electric buses, has entered into a power purchase agreement and strategically invested in a 1 MW Wind Solar Hybrid captive power plant in Ratlam, Madhya Pradesh. The power plant boasts an annual generation capacity of 4.6 million units.

This groundbreaking initiative, touted as an industry first, is anticipated to result in a substantial reduction of approximately 38,000 tons of CO2 emissions over the buses' lifetime. It seamlessly aligns with GreenCell's overarching objective of transforming into a Net Zero company, as highlighted in a recent media release.

Devndra Chawla, CEO and MD of GreenCell Mobility, expressed, "At GreenCell Mobility, we are not merely embracing the future; we are actively shaping it. Powering our electric vehicles with renewable energy sources in Madhya Pradesh is not just an innovation; it's a dedicated commitment to our planet and the well-being of future generations. By setting a precedent in the industry, we aim to demonstrate that sustainable practices can coexist harmoniously with business growth."

In keeping with this vision, GreenCell Mobility is proactively seeking similar agreements in other states of operation. The company's ultimate objective is a complete transition from grid power to renewable energy sources. Furthermore, GreenCell is exploring the implementation of Battery Energy Storage solutions to ensure that its operations are entirely green from end to end. The company is actively engaging with both central and state stakeholders to advocate for policy changes that encourage the widespread adoption of renewable energy for electric buses, according to the press release.

GreenCell Mobility, a trailblazer in the electric vehicle (EV) sector, announced that its subsidiary, GreenCell Express, operating under the NueGo brand of inter-city electric buses, has entered into a power purchase agreement and strategically invested in a 1 MW Wind Solar Hybrid captive power plant in Ratlam, Madhya Pradesh. The power plant boasts an annual generation capacity of 4.6 million units. This groundbreaking initiative, touted as an industry first, is anticipated to result in a substantial reduction of approximately 38,000 tons of CO2 emissions over the buses' lifetime. It seamlessly aligns with GreenCell's overarching objective of transforming into a Net Zero company, as highlighted in a recent media release. Devndra Chawla, CEO and MD of GreenCell Mobility, expressed, At GreenCell Mobility, we are not merely embracing the future; we are actively shaping it. Powering our electric vehicles with renewable energy sources in Madhya Pradesh is not just an innovation; it's a dedicated commitment to our planet and the well-being of future generations. By setting a precedent in the industry, we aim to demonstrate that sustainable practices can coexist harmoniously with business growth. In keeping with this vision, GreenCell Mobility is proactively seeking similar agreements in other states of operation. The company's ultimate objective is a complete transition from grid power to renewable energy sources. Furthermore, GreenCell is exploring the implementation of Battery Energy Storage solutions to ensure that its operations are entirely green from end to end. The company is actively engaging with both central and state stakeholders to advocate for policy changes that encourage the widespread adoption of renewable energy for electric buses, according to the press release.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement