India Expands EV Charging Network with 5,293 Stations
ROADS & HIGHWAYS

India Expands EV Charging Network with 5,293 Stations

India's electric vehicle (EV) infrastructure is set to grow significantly, with the current total of 5,293 EV charging stations along national highways. The Ministry of Road Transport & Highways announced plans to establish an additional 5,833 stations, aiming for a total of 7,432 stations across the country.

In a written reply to the Rajya Sabha, Union Minister for Road Transport and Highways, Nitin Gadkari, revealed that a capital subsidy of Rs 8 billion has been allocated to three oil marketing companies for the establishment of these charging stations.

Of the existing 5,293 stations, 4,729 were set up under the Ministry of Petroleum and Natural Gas at a cost of Rs 1.78 billion. Minister Gadkari highlighted that the Ministry of Heavy Industries is also involved in the target of adding more charging stations through partnerships with oil marketing companies.

Currently, the government does not have plans to establish power stations specifically for EV charging alongside national highways.

Maharashtra leads the country with the highest number of EV charging stations, boasting 750 installations. Other states following suit include Uttar Pradesh (577), Rajasthan (482), Tamil Nadu (369), Karnataka (300), and Haryana (284).

Additionally, the deadline for the Electric Mobility Promotion Scheme (EMPS) 2024 has been set for July 31. This scheme aims to enhance green mobility and foster the development of the EV manufacturing ecosystem in India, with an outlay of Rs 5 billion over four months. The total payout under this scheme is capped at Rs 4.94 billion, which supports 372,215 vehicles, with claims processed on a first-come, first-served basis.

The two-wheeler industry is expected to sustain a steady growth rate of approximately 7 to 9 percent in FY25, further contributing to the expansion of electric mobility in the country.

India's electric vehicle (EV) infrastructure is set to grow significantly, with the current total of 5,293 EV charging stations along national highways. The Ministry of Road Transport & Highways announced plans to establish an additional 5,833 stations, aiming for a total of 7,432 stations across the country. In a written reply to the Rajya Sabha, Union Minister for Road Transport and Highways, Nitin Gadkari, revealed that a capital subsidy of Rs 8 billion has been allocated to three oil marketing companies for the establishment of these charging stations. Of the existing 5,293 stations, 4,729 were set up under the Ministry of Petroleum and Natural Gas at a cost of Rs 1.78 billion. Minister Gadkari highlighted that the Ministry of Heavy Industries is also involved in the target of adding more charging stations through partnerships with oil marketing companies. Currently, the government does not have plans to establish power stations specifically for EV charging alongside national highways. Maharashtra leads the country with the highest number of EV charging stations, boasting 750 installations. Other states following suit include Uttar Pradesh (577), Rajasthan (482), Tamil Nadu (369), Karnataka (300), and Haryana (284). Additionally, the deadline for the Electric Mobility Promotion Scheme (EMPS) 2024 has been set for July 31. This scheme aims to enhance green mobility and foster the development of the EV manufacturing ecosystem in India, with an outlay of Rs 5 billion over four months. The total payout under this scheme is capped at Rs 4.94 billion, which supports 372,215 vehicles, with claims processed on a first-come, first-served basis. The two-wheeler industry is expected to sustain a steady growth rate of approximately 7 to 9 percent in FY25, further contributing to the expansion of electric mobility in the country.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement