Home News EESL to set up 500 more EV charging stations in FY21

EESL to set up 500 more EV charging stations in FY21

Energy Efficiency Services Limited (EESL), the joint venture of PSUs under the Ministry of Power, plans to install at least 500 more electric vehicle (EV) charging stations in the country during fiscal 2020-21 to boost the e-mobility ecosystem in India. EESL has already installed 207 charging stations across India.

Besides, EESL intends to set up ‘Carbon Neutral Charging Stations’ by bundling solar rooftop, battery based charging stations and battery swapping stations. Eventually, the company plans to set up 10,000 charging stations over the next two to three years across the country.

EESL has signed MoUs with multiple stakeholders across municipalities, DISCOMs for locational assessment study and setting up of charging infrastructures in their jurisdiction location such as New Delhi Municipal Council (NDMC), South Delhi Municipal Corporation (SDMC), Ahmedabad Municipal Corporation (AMC), The Greater Hyderabad Municipal Corporation (GHMC), etc.

One of the main capital requirements to set up charging infrastructure is the availability of ‘land’, which as of now is provided free of cost by most municipal bodies or firms for public chargers to EESL. Currently, many automobile companies and other private players, including standalone charging infrastructure developers, are also installing these facilities. Furthermore, EESL plans to ramp up installation of smart meters in the country. A smart-meter digitally records and wirelessly shares stats like household electricity consumption and voltage levels to the distribution companies.

In terms of penetration, electric mobility market of India differs from Western counterparts who have already become a matured market. The difference is primarily due to various aspects such as geographical area, public policy, social norms as well as economy. Heterogeneous development in urban areas, large population, low availability of public infrastructure and low affordability pose several barriers to mass scale adoption of e-vehicles.

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