Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021

Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021

SUMMARY

Telangana govt to install 138 EV charging stations in the next one year

The state’s EV policy aims to attract investments worth $3 Bn by 2022

Telangana will be collaborating with Rajasthan Electronics and Instruments Limited for the project

Telangana has announced that it will be collaborating with Rajasthan Electronics and Instruments Limited (REIL) to install 138 charging stations across the state to promote electric vehicle (EV) adoption in the next year.

The project will be part of the second phase of the central government’s ambitious Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme. It’s also in line with the state’s EV policy which aims to attract investments worth $3 Bn and create employment for 50K people by 2022 through EVs in shared mobility, charging infrastructure development and EV manufacturing activities.

According to a media report, the Telangana government has joined hands with REIL which has been working with the Department of Heavy Industries (DHI) to install EV charging infrastructure across the country.  REIL alongside other state-owned departments like DHI, Energy Efficiency Services (EESL), National Thermal Power Corporation Limited (NTPC), and PowerGrid got approval to set up more than 2.7K EV charging stations across 90 cities in India. REIL has already installed over 200 EV charging stations in Delhi, Jaipur and Chandigarh.

Telangana also clearly defines incentives on the demand and supply side of the EV ecosystem, draws a clear roadmap for developing charging infrastructure in the state and provides incentives related to various components of ownership cost of electric vehicles

There is also an emphasis on skill development for EV design, development and manufacturing, and aims to promote manufacturing of battery cells and packs through special status and incentives. The Telangana government targets 100% electric buses by 2030 for intra-city, intercity and interstate transport with 25% targetted by 2022 and 50% by 2025.

AK Jain, managing director of REIL said that it plans to manufacture electrical vehicle chargers in technical collaboration with reputed manufacturers under the Make in India initiative.

Under the FAME II scheme, the government, in April 2019, had proposed to invest INR 10K Cr for the next three years to support 7K buses, 55K four-wheelers, 5 Lakh three-wheelers, 10 Lakh two-wheelers that operate on Li-ion batteries. In addition to this, it had suggested to setup 2.7K charging stations, for every 3 Km in cities and every 25 Km on both sides of highways by allocating INR 1K Cr as subsidy for installing charging stations.

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.

Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021-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.

Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021-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.

Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021-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.

Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021-Inc42 Media
Telangana Looks To Boost EV Infrastructure With Charging Stations By 2021-Inc42 Media
You’re in Good company