National Thermal Power Corporation (NTPC) has ventured into the electric vehicle charging business. It has setup EV charging points in its offices in Delhi and Noida.
The national power company is planning to set up more such stations across Delhi and Noida. In fact, it has plans to start this charging business in other cities in future. The government is aiming to achieve 100 per cent electric vehicles in India by 2030. NTPC is supporting the clean energy transportation by this new business.
Other than curbing the rise in pollution, the government also wants to reduce the fuel import costs which is the highest compared to other commodities. There are few other corporate companies who have shown interest in switching to cleaner fuel. Recently, Ola and Mahindra kicked off their pilot project in Nagpur where they have an electric fleet of 200 vehicles. The company has setup around 50 charging points spread across four locations in Nagpur.
It will be interesting to see how NTPC expands its EV charging stations in the country. Lack of proper infrastructure is the main reason why the EV business is still in the nascent stage. If the state-run company manages to address these issues, the EV segment will surely