Under the partnership, projects will be sought on nomination as well as through competitive bidding. Exicom shall also help state-owned Bharat Heavy Electricals Limited (BHEL) to set up electric vehicle (EV) charger manufacturing facility for e-mobility business.
To encourage Make In India, the Indian government has slashed the customs duty on electric vehicle (EV) parts and components to 10-15%. Earlier, EV parts and components imported for assembly in India attracted duties of between 15 and 30%. The move will eventually make EVs cheaper and encourage their adoption in India.
In his keynote address at a Make in India session at the Energy Storage India 2019 event in New Delhi, the minister for commerce and industry urged the storage sector to make products that are useful in an Indian context.
Gurugram-based company EXICOM Tele-Systems Ltd has aimed to install 1 GWh of battery energy storage systems by 2018-19. The company has already deployed 125 charging stations for electric vehicles in Delhi-NCR.
The three-day exhibition and conference held in New Delhi organized various hands-on workshops and saw discussions on topics like mini and micro-grid systems, electric transportation, and the financial analysis for these sectors. The government has also announced the upcoming energy policy, placing storage at the core.
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