PowerGrid Corporation okays Rs 14.23 crore investment for EV charging station PSU NEWS

The PGIL board in meeting declared the Rs 14.23 crore investment, also to create an arm to undertake telecom and digital technology businesses.

 

PowerGrid Corporation okays Rs 14.23 crore investment for EV charging station
Image credit: Reuters

 

New Delhi: Power Grid Corporation of India Limited is an Indian statutory corporation under the jurisdiction of the Ministry of Power on Tuesday, Oct 12 states that the corporation is ready to invest in an electric vehicle charging station. The PGIL board in meeting declared the Rs 14.23 crore investment, also to create an arm to undertake telecom and digital technology businesses.

According to a BSE filing, it mentioned the investment approval for "setting up of electric vehicle charging station in Navi Mumbai under the FAME India Scheme Phase-II" at an estimated cost of Rs 14.23 crore,

According to PTI, It added that the commissioning schedule is 12 months for the charging station and 24 months for other infrastructures such as kiosks and toilets from the date of agreement to be signed between POWERGRID NSE 3.13 % and Navi Mumbai Municipal Transport (NMMT).



Posted Date :  13-10-21

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