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EESL Inked Agreement with NOIDA authority to Install EV Charging Units and Related Infrastructure

EESL signs agreement with NOIDA authorityOn July 9, 2020, Energy Efficiency Services Limited (EESL) inked an agreement with the New Okhla Industrial Development Authority (NOIDA) to install public Electric Vehicle (EV) charging stations & related infrastructure in order to promote the usage of electric vehicles.

  • The objective of this partnership is to create an infrastructural ecosystem to accelerate e-mobility post COVID-19 pandemic.
  • The agreement was signed by AK Tyagi, General Manager (GM), NOIDA Authority and Amit Kaushik, Executive Director (Growth), EESL in the presence of Ritu Maheshwari, Chief Executive Officer (CEO), NOIDA Authority.
  • NOIDA is responsible for the provision of space for the charging infrastructure while EESL for deployment of public charging stations in NOIDA City.

Key Points:

-This initiative is estimated to save over 3.7 tonnes of CO2 emissions per e-car per year.

-NOIDA has been sanctioned 162 Public EV Charging Stations (PCS) comprising 54 Bharat DC001 (15kW) and 108 122kW (50kW CCS2+ 50kW CHAdeMO+ 22kW Type2) Fast Chargers under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme Phase-II of Department of Heavy Industry (DHI)

-So far, in Noida city of Uttar Pradesh (UP), EESL has installed 20 EV chargers, 13 are commissioned and 7 are under commissioning. 

e-Vehicle- Affordable for end consumer

Due to bulk procurement, EESL receives electric vehicles and chargers at a discounted rate as compared to the actual market value. Further, with access to low cost funds, the overall cost of the project becomes competitive. This kind of sustainable business model is affordable for end consumers.

About Energy Efficiency Services Limited (EESL):
It is a joint venture (JV) of Public Sector Undertaking (PSUs) under the Ministry of Power, Government of India.
Chairman– Rajeev Sharma
Managing Director– Saurabh Kumar
Headquarter– New Delhi

About New Okhla Industrial Development Authority (NOIDA)
Chairman– Alok Tandon
Headquarter– Noida, Uttar Pradesh (UP)