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Fortum Charge & Drive India Pvt. Ltd (e-Mobility)

Region and country of operations: South Asia, India
Jurisdiction of registration: India
Business sector: Charging service for e-vehicles

Date of agreement (month/year): 8/2020
Finnfund’s financing: EUR 4,000,000
Share of Finnfund’s financing: 35.7%
Instrument: Equity
Size of project/financing: not to be published
Environmental and social category: C

Project description

Expansion of a charging network for electric vehicles in a few of the biggest cities in India.

Main development impact

Decrease of the emissions of PM 2.5 particles in traffic will prevent health problems and even reduce the number of premature deaths.

More information

Two e-vehicles charging batteries