Reliance Energy on Tuesday said it plans to set up over 15 electric vehicle charging stations across its distribution license area in suburban Mumbai over the next three years.
The company, which recently sold its entire Mumbai power business to Adani Transmission for over Rs 18,800 crore, plans to start more than 15 charging stations in the next three years.
“Apart from being environment-friendly, electric vehicles have low running cost which is one-sixth of conventional vehicles powered by petrol or diesel. This year, we are installing smart slow and fast charging stations at strategic locations of Reliance Energy,” a company spokesperson said.
These smart chargers provide reliable, secure and cost-efficient solution based on open industry interface technology, the spokesperson added.
“The company is also working on a third-party business model to provide charging stations facilities for electric two-wheelers and four-wheelers in public places, parking plazas near highways, and offices and malls,” the release stated.
The Government is targetting to convert all new passenger car sales to electric vehicles by 2030 under the FAME (Faster Adoption and Manufacturing of Electric Vehicles) Scheme.