#Ministries, #PSUs,#PowerFirms gear up to #charge India's #ElectricVehicles.

#Ministries, #PSUs,#PowerFirms gear up to #charge India's #ElectricVehicles.

Significant investment is being mobilized by public and private sectors to #manufacture and install #ElectricVehicle supply #equipment #infrastructure across India

At least half-a-dozen public sector firms, the railways and various ministries are in the process of creating infrastructure and manufacturing components for electric vehicles (EVs).

By one estimate, the size of the EV market in 2030 would be Rs 42,000 crore. Hence, significant investment is being mobilised, in the private sector too, to manufacture and install EV supply equipment infrastructure. This includes charging and battery swapping technologies, says the Niti Ayog

Plans are underway to fuel EVs with clean power. Industry players are also exploring #solar-plus-EV technology. #IndianRailways has decided to allocate space for EV charging places at their station parking lots, with private sector participation.

#IndianOilCorporation has partnered with clean energy firm #FortumIndia for EV charging stations; starting with Nagpur, Hyderabad, Kolkata and Delhi. The company also signed agreements with #NTPC, #Powergrid and #RajasthanElectric to install EV charging stations in cities. The idea is to go beyond lithium ion batteries.

#HindustanPetroleum says it will set up charging stations across its networks, tying up with  #TataPower to create the #infrastructure.

#NationalAluminiumCompany plans a production line for lithium ion cells. The company has signed a pact with #IndianSpaceResearchOrganisation for transfer of the technology. India imported lithium ion batteries worth $150 million in 2017.

As part of diversification, #BharatHeavyElectricals has been expanding in the e-mobility business. It is now executing commercial orders for installation of DC chargers across locations in the country. It is also to get into the manufacturing of EV chargers, electric buses and related components. As part of the ‘Make in India’ initiative of the Government of India (GoI), in-house development of #EVmotors, #PropulsionSystems and #FastChargers has also been undertaken, said a spokesperson.

Energy Efficiency Services (EESL), a GoI company, has ventured into demand aggregation for EVs, which could help develop better charging infrastructure. However, deliveries under EESL’s first tender for 10,000 vehicles has been delayed; the first 500 cars were to earlier be rolled out by November 2017 and the rest by June 2018, according to reports. EESL has pushed the deadline for the rollout to September 2019.

The Union housing ministry has issued an amendment of the building code and town planning rules, for provisioning of EV charging stations in private and commercial buildings.

The Centre has pledged to ensure 30 per cent of all vehicles on the road are electric by 2030. The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicle scheme to boost electric mobility and increase the number of EVs in commercial fleets. Opening unlimited opportunities to reap...

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