Installation and Price of Public Electronic Vehicle Charging Stations

he Ministry of Heavy Industries has approved Rs 800 crore for three public sector petroleum marketing companies to set up 7,432 fast charging stations for electric vehicles across the country. This amount has been given under the second phase of the scheme to accelerate the manufacturing and adoption of electric vehicles in the country (FAME).

The Ministry has released Rs 560 crore i.e. 70 percent of the total amount to three companies:- Indian Oil (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) under the first installment. With this amount, these companies will set up charging stations at their respective petrol pumps to charge electric vehicles.
These charging stations will be for the public. It will be completed by March, 2024. At present there are a total of 6,585 charging stations in the country. The new 7,432 stations will add to the EV charging network. Heavy Industries Minister Mahendra Nath Pandey said that this will give a boost to the e-vehicle ecosystem in the country and also provide convenience to the people.

Fame India Scheme 2015

The government launched the FAME India scheme in 2015 with a view to improve infrastructure for large-scale use of electric vehicles. The main objective of this scheme is to reduce pollution and reduce greenhouse gas emissions. Under this, infrastructure has been created across the country for hybrid and electric two-wheelers, cars, three-wheelers and light and heavy commercial vehicles in place of diesel and petrol.

The committee constituted under the chairmanship of Director General, Bureau of Energy Efficiency has recommended some reforms for the development of charging infrastructure for electric vehicles. The subsidy of 70 percent on the supply equipment of electric vehicles will continue as before.

  Last update :  28 March 2023
  News Category :  India
  Post Category :  March 2023