Essel plans Rs 17.5 billion project for EV charging infrastructure in UP
In order to implement the initiative of setting up electric vehicle charging and battery swapping infrastructure under Essel Green Mobility, Essel Infraprojects (EIL) is planning to invest Rs 17.5 billion in a phased manner. In 20 cities, EIL will set up 250 charging stations and 1,000 battery swapping stations.
A static mission
Private firms in the sector are keen on becoming integrated players by investing in the transmission sector, where the rate of return is on a par with the generation sector (around 16 per cent).
India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.
Advertise Here [300 W x 250 H pixels]