Medilytix Bureau :Convergence Energy Services Limited (CESL) has selected agencies to set up 124 battery swapping stations and 352 standing chargers for electric two-wheelers and three-wheelers. The selected agencies will also set up 1,294 standing DC fast chargers for electric four-wheelers, CESL said in a statement on Tuesday.
The company said, without providing any additional details, that the business will be delivered under a “build, own, and operate” (BOO) model valid for eight years, with charging stations installed across Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Mumbai, Pune, and Surat.
CESL MD and CEO Mahua Acharya said adequate charging infrastructure is a necessity for the scale-up of electric mobility. This model of engaging with market players will give all of us the outcome we want—widespread charging stations.
Convergence Energy Services Limited (CESL) is a subsidiary of state-owned Energy Efficiency Services Limited (EESL), a joint venture of four power sector public sector undertakings—NTPC Limited, Power Finance Corporation Limited, REC Limited, and Power Grid Corporation of India Limited.