+
CESL ties up with IIT Bombay to set up EV charging infrastructure
POWER & RENEWABLE ENERGY

CESL ties up with IIT Bombay to set up EV charging infrastructure

The Indian Institute of Technology Bombay (IIT-B) and the state-owned CESL signed a Letter of Association on Friday.

IIT-B to build charging stations for electric vehicles across the country.

Convergence Energy Services Ltd (CESL) is an Energy Efficiency Services Limited wholly-owned subsidiary.

Both parties will work together on technological advancements in the electric vehicle charging domain, including the development of flagship products, standardisation of technical specifications, solutions for meeting EV charging capabilities, and customised solutions for the Indian EV charging ecosystem, as part of this partnership.

Professor AM Pradeep, Associate Dean of Research & Development, IIT-B, and Mahua Acharya, MD and CEO, CESL, signed the Letter of Association (LoA).

Cultivating consumer confidence in electric vehicles requires a viable landscape with strong EV infrastructure, and CESL is proud to be at the forefront of initiatives to promote e-mobility in India. According to Acharya, the partnership with IIT-B will significantly improve the technological advancement of the EV charging infrastructure.

Professor Swaroop Ganguly, Department of Electrical Engineering, IIT-B said the partnership will foster and stimulate carbon reduction efforts in India, particularly in the transportation sector, in line with the country's global and domestic commitments.

CESL is committed to providing energy that is both clean and affordable.

Convergence Energy Services Limited (CESL) is a newly formed subsidiary of Energy Efficiency Services Limited, a state-owned joint venture of public sector companies under the Ministry of Power of India. CESL is committed to providing energy that is clean, affordable, and dependable. Convergence is interested in energy solutions that combine renewable energy, electric mobility, and climate change.

Image Source

Also read: CESL, Marriott International sign MoU to develop EV charging units

The Indian Institute of Technology Bombay (IIT-B) and the state-owned CESL signed a Letter of Association on Friday. IIT-B to build charging stations for electric vehicles across the country. Convergence Energy Services Ltd (CESL) is an Energy Efficiency Services Limited wholly-owned subsidiary. Both parties will work together on technological advancements in the electric vehicle charging domain, including the development of flagship products, standardisation of technical specifications, solutions for meeting EV charging capabilities, and customised solutions for the Indian EV charging ecosystem, as part of this partnership. Professor AM Pradeep, Associate Dean of Research & Development, IIT-B, and Mahua Acharya, MD and CEO, CESL, signed the Letter of Association (LoA). Cultivating consumer confidence in electric vehicles requires a viable landscape with strong EV infrastructure, and CESL is proud to be at the forefront of initiatives to promote e-mobility in India. According to Acharya, the partnership with IIT-B will significantly improve the technological advancement of the EV charging infrastructure. Professor Swaroop Ganguly, Department of Electrical Engineering, IIT-B said the partnership will foster and stimulate carbon reduction efforts in India, particularly in the transportation sector, in line with the country's global and domestic commitments. CESL is committed to providing energy that is both clean and affordable. Convergence Energy Services Limited (CESL) is a newly formed subsidiary of Energy Efficiency Services Limited, a state-owned joint venture of public sector companies under the Ministry of Power of India. CESL is committed to providing energy that is clean, affordable, and dependable. Convergence is interested in energy solutions that combine renewable energy, electric mobility, and climate change. Image Source Also read: CESL, Marriott International sign MoU to develop EV charging units

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?