British International Investment Exceeds $1 Billion Climate Commitment in India
British International Investment (BII) has surpassed its $1 billion climate finance commitment in India during the 2022-2026 strategy. Coinciding with Mumbai Climate Week, BII announced a ₹43 crore investment in Turno, focusing on EV battery infrastructure and launching ElectricGo for financing 34 intercity electric buses. BII's climate investments support India's goal for net-zero emissions by 2070, contributing to clean energy, electric mobility, and sustainable agriculture.
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British International Investment (BII) has exceeded its $1 billion climate finance commitment in India for the 2022-2026 strategy. During Mumbai Climate Week, BII announced a ₹43 crore investment in Turno, which will launch ElectricGo, financing 34 intercity electric buses.
This follows BII's initial investment in 2024 and enhances its support for India's EV sector. BII's portfolio also aims to aid India's net-zero emissions goal by 2070, with investments in clean energy and sustainable agriculture. Notable milestones include GreenCell Mobility's plan for 570 electric buses in Delhi and EnerGrid's commissioning of India's first utility-scale Battery Energy Storage System.
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