Admitting that private players are reluctant to invest in the EV charging infrastructure, he suggested that initially, the government can bring in a business model with public investment on the lines of UJALA scheme by Energy Efficiency Services Ltd (EESL), which can later be self-sustaining.
The government needs to make large investments for setting up electric vehicle (EV) charging infrastructure and facilitate research to boost e-mobility in the country, TERI Director-General Ajay Mathur said Tuesday.
“The government has intended to boost e-mobility in the country. But, it is a chicken-and-egg story. Here, charging infrastructure is the egg. Thus, the government needs to make huge public investments in the charging infrastructure as well as (facilitate) research on that,” Mathur said, on the sidelines of the launch of the Energy Transitions Commission’s (ETC’s) report.
Admitting that private players are reluctant to invest in the EV charging infrastructure, he suggested that initially, the government can bring in a business model with public investment on the lines of UJALA scheme by Energy Efficiency Services Ltd (EESL), which can later be self-sustaining.
Under the UJALA scheme, EESL had brought down the price of energy-efficient and environmentally safe LED bulbs to as low as Rs 38 through bulk tendering, from over Rs 300 per piece. EESL distributed around 32 crore bulbs, whereas consumers bought over 80 crore bulbs from the open market as prices came under their reach.
Courtesy: ET Auto
