JV Between EESL and Ministry of Power (India) on EV Charging Station Kicks Back into Action

Even amidst the current corona pandemic condition, it seems like companies do not want to back
down from the pre-decided plan of setting up their EV infrastructure support system in India. As
soon as the unlock 1.0 had begun organizations are kicking back into action as the latest news
from EESL (Energy Efficiency Service Limited) points out.

As a result of the joint venture between EESL and the ministry of Power (India), an agreement
was signed upon to complete 2000 charging station across India by the end of 2020 but due to
the current conditions, the work was halted to date. According to the company officials, the
company had been able to deliver only 300 as of June 2020 but is willing to put forward more
resources to meet the deadlines only things are back to normal. Mr. Subrabh Kuman (MD-
EESL) has mentioned in his recent statement that the company has already resolved the backend
supply chain constrain that popped up as a result of Covid-19 and most of the already installed
charging station s will be operational soon. Out of 2000 stations being installed, over 500 would
be installed in the Delhi- NCR itself with the rest being mainly targeted at major metros. The
company is also planning to set up over 10000 charging facilities across India within the next
three years.

The business model of EESL is fairly simple, they will acquire the municipal authority lands for
free to set up their EV stations and the company will operate it for 10 years. The company will
pay rent to the authorities for every kilowatt-hour or power utilization. The process is more of a
win-win situation for the government as well as the organization. The tie-ups of EESL range
from public firms to private firms, essentially expanding their reach, which includes companies
such as Maha -Metro, BHEL, HPCL, Apollo Hospitals etc. Municipal and civic bodies are also
in the list ranging from Noida to Chennai governing centers. The company is also planning to
include more entities on the beneficiary list so that access to the rural market is also possible.
Expansion of support facility is the first step of standardizing any technology and with enough
infrastructure in place and more and more companies coming into the limelight, the Indian EV
mobility sector is getting major traction along the rail for its EV 2030 plan.