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Friday, December 21, 2018

By CarKhabri Team

Tata Power To Develop 1000 Charging Stations For Electric Vehicles In NCR

Tata Power To Develop 1000 Charging Stations For Electric Vehicles In NCR

Taking the step ahead towards the electric mobility within the country by 2030, the Government of India recently announced the guidelines for charging stations of electric cars. Now, according to the recent reports, the Tata Power is going to invest about Rs. 700 million to set up 1,000 charging stations for the electric vehicles within the National Capital Region. This was disclosed by Mr. Praveer Shah, Managing Director, Tata Motors. At present, the group has 21 charging stations located in Mumbai, Delhi, and Hyderabad. Along with1000 charging stations in NCR the group also plans to set up 100 charging stations in the state of Maharashtra. According to reports the group also plans to enter in collaboration with three government-owned oil marketing companies namely Hindustan Petroleum, Indian Oil and Bharat Petroleum.
The proposed charging stations would be equipped with normal and fast chargers.  The minimum time required for charging the vehicle from zero to full charge would be seven hours with a normal charger and one and half hours with the fast charger. Commenting on this Mr. Praveer Sinha, said, “Technology adoption and assimilation to suit a local environment has always been our strength and we are working with various technology partners from India and international geographies in the field of charger OEM (original equipment maker),”  
According to Sinha, by 2030, there will be the requirement of almost 3,00,000 charging stations alone within the city of Delhi. Keeping this factor in concern, there would be the requirement of investing $1 to $1.5 billion (Rs. 7,000 to 11,000 billion) for setting the charging stations. He also added that the final investment will mainly depend on the overall sales of electric vehicles in the market. Mr. Sinha hopes that if the current trend of pricing the batteries continues in coming future, then the electric vehicles would be able to lure the buyers.
Unfortunately, the sales of 25 million new vehicles on the Indian roads during 2017-18, only 56,000 vehicles (0.3 percent) were electric vehicles. On the other side the National Electric Mobility Mission Plan 2020 speculates that about six to seven million electric vehicles including hybrid vehicles would be launched in the Indian car market from 2020.
Well, the success of electric vehicles is although written in future, one thing is sure that establishment of charging stations will definitely be helpful in coming years when the people would be compelled to stop driving the fuel based vehicles for protecting the environment.

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