The government is looking to deploy 48,400 charging stations which will be devoted to two and three-wheelers.
The Centre claims that up to 80% of back-end infrastructure development costs will be subsidised under the PM E-DRIVE scheme
The PM E-DRIVE scheme which will effectively replace the FAME scheme, will have an outlay of INR 10,900 Cr for a period of two years.
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Days after announcing the INR 10,900 Cr PM E-DRIVE scheme to boost EV adoption, the Centre is reportedly mulling to provide subsidies for setting up two and three-wheeler charging stations.
Under this initiative, the government is looking to deploy 72,300 public charging stations via allocation of INR 2,000 Cr. Out of this, 48,400 charging stations will be devoted to two and three-wheelers and 18,000 for EV buses, ET reported, citing sources close to the matter.
The Centre claims that up to 80% of back-end infrastructure development cost will be subsidised under the PM E-DRIVE scheme. Besides the National Highways Authority of India (NHAI), Indian Railways and state governments will also be involved in the scheme.
It is pertinent to note that currently, there are around 12,000 EV charging stations in the country, which are predominantly catering to cars.
For the uninitiated, the PM E-DRIVE scheme which will effectively replace the FAME scheme, will have an outlay of INR 10,900 Cr for a period of two years, which is higher than the INR 10,000 Cr initial outlay of the FAME- II scheme.
(The story will be updated soon)
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