BII Exceeds $1.1 Billion Climate Investment in India, Boosts EV Sector
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CNBC TV1817-02-2026, 22:16

BII Exceeds $1.1 Billion Climate Investment in India, Boosts EV Sector

  • British International Investment (BII) has surpassed its $1 billion climate finance commitment for 2022–2026, investing $1.1 billion in India.
  • The investment supports India's transition to a low-carbon economy and scales climate solutions.
  • BII announced an additional ₹430 million investment in Turno, an Indian EV battery infrastructure company, to launch ElectricGo.
  • ElectricGo will finance 34 intercity electric buses across India, building on BII's initial 2024 investment in Turno.
  • BII's climate portfolio in India spans clean energy, electric mobility, sustainable agriculture, and climate-resilient infrastructure.

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