EESL, Noida Authority sign agreement on EV charging infrastructure

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Energy Efficiency Services Limited (EESL), under the Ministry of Power, has signed an agreement with the New Okhla Industrial Development Authority (Noida) to promote electric vehicles (EVs) and install public EV charging stations and related infrastructure.

EESL will make an upfront investment on services pertaining to the agreement and the operation and maintenance of public charging infrastructure. Noida Authority will provide space for the charging infrastructure. 

The initiative is estimated to avoid over 3.7 tonnes of carbon dioxide emissions per electric car every year.

Speaking on occasion, Noida CEO Ritu Maheshwari said, “Developing a sustainable landscape with strong supporting EV infrastructure is the key to cultivating consumer confidence in electric vehicles. This will significantly enhance consumer convenience, as well. With the increasing penetration of EVs, the local pollutants emission levels are also expected to reduce, leading to cleaner air and several public health benefits.”

EESL executive director Amit Kaushik said, “EVs are at the forefront of the world’s agenda to move towards a sustainable future and EESL is proud to be progressively leading initiatives to promote EV adoption in India under its national e-mobility programme.”

Noida authority has been sanctioned 162 public EV charging stations comprising 54 Bharat DC001 (15kW) and 108 122kW (50kW CCS2+50kW CHAdeMO+22kW Type2) fast chargers under the second phase of FAME India Scheme. EESL has been chosen for the deployment of public charging stations in NOIDA City.

So far, EESL has installed 20 EV chargers, of these 13 are commissioned and seven are under commissioning. 

With its innovative demand aggregation and bulk procurement model, EESL receives electric vehicles and chargers at a significantly discounted rate vis-à-vis the actual market value. Further, with access to low-cost funds, the overall cost of the project becomes competitive.