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Automotive Product Finder Magazine | We are planning to establish 1,000 charging stations by 2021-22
We are planning to establish 1,000 charging stations by 2021-22
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With a lot happening in India to take electric vehicles (EVs) into masses, many companies are leveraging the opportunity for EV charging. Here, Ramesh Subramanyam, CFO & President – New Businesses, Tata Power, discusses the current status and future of EV charging facilities.
How many charging stations are currently operational across India? How many are in the pipeline?
With EV sales yet to pick up steam, the growth of charging stations is also a little slow for now. Currently, India has around 500-odd charging stations, which is barely enough to meet the future demands. But, there are several projects in the pipeline. The government owned Energy Efficiency Service recently announced plans to set up 10,000 charging stations across the country over the next two years.
Tata Power currently has charging stations in Mumbai, Delhi, and Hyderabad. We will continue to expand our charging station infrastructure in the country. We are planning to establish 1,000 charging stations by 2021-22 to support the growth of electric vehicles in the National Capital Region (NCR). Earlier this year, we announced plans to set up 100 charging stations in Maharashtra as well. Also our joint ventures with oil retailers like HPCL, BPCL, IOCL, and IGL will set up charging stations across the country in the coming years. The immediate plan for Tata Power is to install 500 EV charging outlets across five cities over the next one year including Delhi, Mumbai, Bengaluru, Pune and Hyderabad.
Will EV charging business also dwell just like petrol/diesel/CNG pump stations?
Fuel stations that sell oil products doubling up as EV charging stations can be the first phase of setting up an EV infrastructure in India. This is a good idea for many reasons. One, it will help to reduce the cost of setting up a charging station (with shared real estate). This is also a financially sound way for new entrants in the charging business to grow their business. Two, it will be an additional source of income for fuel retailers and thus help in transitioning from ICE vehicles to EVs with minimum revenue loss. Three, it will also help oil retailers test the waters to understand the EV charging market without committing too much capital in setting up new stations exclusively for EVs.
But, in the medium and long run, this could be a challenge because unlike petrol or diesel the average charging time can vary between one and six hours (depending on the type of charger or the discharge level). There is also an option of setting up charging piles (a standalone charging point) which looks more like a street lamp and does not need a large piece of land to accommodate. But, it is hard to predict with any certainty which way the India market will move and a lot will depend on the success of EV sales in India too.
What will be the revenue model for EV charging stations? Do you also have a Smartphone app for locating these charging stations?
We are looking at EVs beyond just vending electricity. We are creating a mechanism to source energy in such a way that it is available in large numbers, in real time. As a discom (power distributor) we understand this part of the business quite well. So, when the demand for charging peaks during the day, we have to figure out how to move this load in real time from different sub-stations.
This means using technology to make its networks cater to power requirements dynamically. We are also planning to create an app that can tell EV owners which station has larger number of fast-charging options available, what is the cost of charging at peak and off-peak hours etc.
Will, you be helping Maharashtra Government to set up charging stations at public places?
Yes we are. The company also partnered with Tata Motors earlier to support Maharashtra Government’s vision of promoting e-mobility in the State by setting up public EV charging stations.
Tata Power’s current EV infrastructure presence in Mumbai is 42 charging points and its mobility infrastructure footprint is in multiple cities including Hyderabad, Bangalore and Delhi with a total of 85 charging points set up across various usage scenarios. The company has signed landmark MoUs for setting up commercial scale EV charging stations at HPCL, IOCL, and IGL retail outlets.
National Capital Region
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