Sterling and Wilson form JV with Enel X for Indian EV infra
Shapoorji Pallonji company, Sterling and Wilson Pvt Ltd (SWPL) formed a joint venture (JV) with Enel X, a subsidiary of Enel Group, to enter India's electric mobility sector by setting up electric vehicle (EV) charging infrastructure.
The engineering, procurement and construction (EPC) contractor signed a 50-50 JV with Enel X to launch and create EV charging infrastructure in India and provide products and software platforms. The JV will include local manufacturing, operations and maintenance services of the charging infrastructure.
Enel X told the media that the partnership represents a vital step forward in the company's energy transition strategy.
4th Indian Cement Review Conference 2021
The joint venture between Sterling and Wilson and Enel X will be incorporated on 1 April 2021, and operations will begin from the second quarter of 2021.
Through the partnership, SWPL will introduce Enel X's array of high tech, digital, and smart DC as well as fast AC electrical vehicle chargers adjusted to the needs of the Indian consumer.
The JV will offer customers the option to choose how, where, and when to charge their vehicle, potentially selecting the most efficient time for charging.
Enel X is a North America-based technology company offering smart energy solutions worldwide.
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