India to Install Nearly 5,000 EV Chargers Nationwide Under PM E-Drive Scheme
Govt to set up 4,874 EV chargers across India worth ₹503 crore under PM E-Drive scheme
Hindustan Times
Image: Hindustan Times
The Indian government has approved a ₹503.86 crore initiative to install 4,874 electric vehicle (EV) chargers across the country under the PM E-Drive scheme. This move aims to enhance EV infrastructure and support the adoption of electric vehicles in states like Karnataka, Rajasthan, and Tamil Nadu.
- 01The initiative involves a total investment of ₹503.86 crore for installing 4,874 EV chargers.
- 02Karnataka will receive 1,243 chargers with an allocation of ₹123.26 crore.
- 03Key implementing agencies include Hindustan Petroleum, Indian Oil, and Bharat Petroleum.
- 04The PM E-Drive scheme has a total budget of ₹10,900 crore for EV infrastructure development.
- 05The initiative supports various electric vehicle segments, including cars, two-wheelers, and buses.
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The Indian government has announced a significant investment of ₹503.86 crore to install 4,874 electric vehicle (EV) chargers nationwide under the PM E-Drive scheme, aimed at bolstering the infrastructure for electric vehicles. Union Minister for Heavy Industries and Steel, HD Kumaraswamy, revealed the proposal on May 12, highlighting that ₹123.26 crore will be allocated for 1,243 chargers specifically in Karnataka. The chargers will be installed at petrol pumps operated by state-owned oil marketing companies (OMCs) such as Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited (IOCL), and Bharat Petroleum Corporation Limited (BPCL). This initiative is part of a larger budget of ₹10,900 crore allocated for the PM E-Drive scheme, which also includes provisions for demand incentives for electric two-wheelers and three-wheelers, as well as funding for the deployment of electric buses. The expansion of EV charging infrastructure is expected to support a variety of electric vehicles, including cars, two-wheelers, three-wheelers, buses, and trucks, facilitating the transition to cleaner transportation across India.
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This initiative will significantly improve the availability of EV charging stations, making electric vehicles more accessible to consumers and likely increasing their adoption.
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