Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs

Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs

SUMMARY

The power ministry’s draft revised guidelines on charging infrastructure for EV proposes that the approval time in metropolitan areas will be cut from 7 days to 3 days

State nodal agencies and city authorities will carry out periodic mapping, at least once in every year, of the geographic distribution of potential EV charging demand

The move is a huge advantage for companies that have raised funds and built partnerships betting on setting up electric vehicle chargers on petrol hubs across the country’s landscape

The government has proposed new guidelines to reduce the approval time for power connection for electric vehicle charging stations.

As per ET, the power ministry’s draft revised guidelines on charging infrastructure for EV proposes that the approval time in metropolitan areas will be cut from 7 days to 3 days, and in municipal areas from 15 days to 7 days. In rural areas, the time will be reduced from 30 days to 15 days.

The views on the draft guidelines are to be submitted within 30 days.

The move is a huge advantage for companies such as Exponent Energy and BluSmart that have raised funds and companies like Tata Passenger Electric Mobility and Adani TotalEnergies E-Mobility building partnerships, and betting on setting up electric vehicle chargers on petrol hubs across the country’s landscape.

State nodal agencies and city authorities will carry out periodic mapping, at least once in every year, of the geographic distribution of potential EV charging demand, the report added.

It also added, the tariff for supply of electricity to EV charging stations is largely unchanged and is proposed to be a single part tariff and not exceed the ‘average cost of supply, till March 31, 2026.

When the proposal comes into force, it is likely that the demand for electric vehicles among consumers would rise, benefitting the EV makers and other energy tech companies involved in the sector.

At least one charging station shall be available in a grid of 1 km x 1 km in the urban limits by the financial year 2030, compared with 3 km X 3 km earlier, based on the proposed draft. It further said, one charging station shall be set up at every 20 km on both sides of highways and roads.

This comes at a time, where the Centre approved a new policy in March, under which electric vehicle companies would have to pay lower duty on imports of EVs if they agree to set up manufacturing facilities in the country and the policy is aimed at promoting EV manufacturing in India.

Meanwhile, Delhi NCR-based EV fleet management startup Zypp Electric raised INR 115.7 Cr in a fresh round of investment from Japanese energy giant ENEOS, in May.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs-Inc42 Media
Govt Proposes New Guidelines For Faster Power Supply To EV Charging Hubs-Inc42 Media
You’re in Good company