Energy Efficiency Services Limited (EESL), under the Ministry of Power, has made an agreement with the New Okhla Industrial Development Authority (Noida) to promote electric vehicles (EVs) and install public EV charging stations and related infrastructure.
EESL will make an upfront investment on services pertaining to the agreement and the operation and maintenance of public charging infrastructure. Noida Authority will provide space for the charging infrastructure.
The initiative is estimated to avoid over 3.7 tonnes of carbon dioxide emissions per electric car every year.
Noida authority has been sanctioned 162 public EV charging stations comprising 54 Bharat DC001 (15kW) and 108 122kW (50kW CCS2+50kW CHAdeMO+22kW Type2) fast chargers under the second phase of FAME India Scheme. EESL has been chosen for the deployment of public charging stations in NOIDA City.
So far, EESL has installed 20 EV chargers, of these 13 are commissioned and seven are under commissioning.
With its innovative demand aggregation and bulk procurement model, EESL receives electric vehicles and chargers at a significantly discounted rate vis-à-vis the actual market value. Further, with access to low-cost funds, the overall cost of the project becomes competitive.
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