EESL & REIL acquire substantial orders for EV charging stations
Rajasthan Electronics & Instruments Ltd, a state-owned prominent leader in electronics industry and Energy Efficiency Services Ltd, a joint venture of state-owned NTPC LTD, POWERGRID, Power Finance Corp., and Rural Electrification Corp., have obtained a remarkable chunk of orders for setting up 2,500 e-vehicles across 90 cities. No private entity has been able to qualify though. According to the sources, nearly 50 bids were received from private companies under the Centre’s second phase of Fame-II scheme, but they were not able to qualify because they had to bid through nominated agencies. The Department of Heavy Industry received around 100 bids from both public and private companies for setting up of public charging stations. REIL won 1,000 tenders, while EESL emerged as an eligible bidder for setting up 600 charging stations in several cities. PowerGrid may qualify for about 10 charging stations, while NTPC is likely to get contracts for 200 charging stations A senior official, EESL, stated that they would be setting up charging stations in several cities, including Mumbai Delhi, Ahmedabad, Hyderabad, Chennai, Chandigarh, Kolkata and Noida. REIL will be setting up charging stations in around 50 cities. The target of the Fame II scheme is setting up of charging facilities for electric vehicles and electrification of public and shared transportation. The government plans to set up one charging station on both sides of the highways for every 25 km and every three km in cities. The power ministry guidelines stated that the rate for tariff supply of electricity to e-vehicle charging stations should not be more than the average cost of supply plus 15%. The service charges for the public charging stations will be fixed by the states. The power ministry issued guidelines in December last year to install European and Japanese charging platforms for public charging stations. Source credit: https://economictimes.indiatimes.com/industry/energy/power/reil-eesl-bag-big-chunk-of-orders-for-ev-charging-stations/articleshow/72272020.cms