Adani electricity and Tata power to install 8500 EV charging station in Mumbai
Adani Power arm, Adani Electricity, and Tata Power have made commitments to initiate electric vehicle installations of charging facilities available at residential housing societies in Mumbai.
![Adani electricity and Tata power to install 8500 EV charging station in Mumbai](https://www.psuconnect.in/sdsdsd/ev1.jpg)
This project is supposed to deploy 8500 share EV charging stations in approximately 4000 housing societies compounds where Adani Electricity already implementing 240 chargers and Tata Power installing around 720 societies. The significant efforts will lead to host combined usage of charging stations,s unlike single EV owners. The society members collectively have access and ownership in the respective particular charging stations.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYAdani Electricity and Tata Power have collaborated to promote sustainability and facilitate the shift from traditional fossil fuel vehicles to electric alternatives. This initiative aims to create a supportive ecosystem for EV adoption at the grassroots level, thus contributing to reducing carbon emissions and combating urban pollution.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsMoreover, this project aligns with the government's vision to accelerate EV adoption in India, as outlined in policies such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme. By leveraging the private sector's expertise and infrastructure, this partnership underscores the pivotal role of public-private partnerships in driving sustainable development.
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