ElectriVa to set up one lakh charging points; budget to give EV charging infrastructure a massive push – EQ Mag Pro
ElectiVa, an electric vehicle charging provider, said it will set up one lakh charging points across India in the next three years, in an attempt to dominate the EV charging market as a first mover.
The vision is to have an ElectriVa charging point every 20 kilometers, said the company’s founder Sumit Dhanuka. “We are going to install an electric charging point every three kms in Delhi and at all key locations. The same will be replicated across all metros,” he said.
ElectriVa had recently bagged the contract for installing and operating 100 EV charging stations in Delhi and another 150 are in the pipeline.
The company said the impetus provided by the government in the budget will give EV charging infrastructure a massive push in the country. ElectriVa is currently among the leading independent EV charging station operators in India. The company was set up earlier this year by New Delhi based entrepreneur Dhanuka who has a background in renewable energy.
The company has earmarked three priority areas to grow. One is the contracts being awarded by municipal corporations for intra-city set-ups. The second is setting up infrastructure along key highways and partnering with the national and state highway corporations. The third is providing decentralised charging points at housing societies and RWAs.
India is likely to see a massive EV boom by 2026. According to industry estimates, around 4 lakh charging stations will be required by 2026. Dhanuka said that the company is eyeing contracts from other government authorities and utilities as well.
Source: ET Bureau
