Pravir Sinha, Chief Executive Officer and Managing Director of Tata Power has said that we plan to increase the number of charging stations for electric vehicles (EVs). Under this, the number of such stations will be 700 by next year. The company has already established 100 fast charging stations. These stations have been established in cities like Delhi, Mumbai, Bengaluru, Pune and Hyderabad. The company plans to increase its number to 300 by March 2020.
Sinha said, ‘We are looking at the places where electric vehicles are introduced and we are setting up charging stations in those cities. Our aim is to increase this number to around 700 by next year. The government has decided to reduce the GST rate for electric vehicles from 12 to 5 percent. This will reduce the cost of electric vehicles and encourage people to buy.
He said that the company is not only focusing on public places but also providing infrastructure for charging stations at homes. Sinha said, ‘We will create infrastructure for charging homes with public spaces. Public places include metro stations, shopping malls, theaters and highways. The company is in talks with the Metro Rail Authority and the municipal corporations to set up an electric vehicle charging station.
Apart from this, it will set up charging stations in Tata group shops like Indian Hotel, Titan Watch Showroom, Westside and Croma. Tata Power has tied up to set up commercial charging stations at retail outlets of HPCL, IOCL and IGS. The company has set up 30 charging stations in Mumbai and aims to increase its number to 200 next year.