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Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs

Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs

Apr 21, 2023, at 11:20 pm

New Delhi/IBNS: Power Finance Corporation Ltd (PFC) has sanctioned a loan of Rs 633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs.