November 27, 2022

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CESL signed MoUs with Goa & Kerala to procure 30,000 electric two & three-wheelers

CESL signed MoUs

CESL signed MoUs with Goa & Kerala to procure 30,000 electric two & three-wheelers

The Convergence Energy Services Limited (CESL), CPSE under the Ministry of Power has signed an agreement and MoU with the state governments of Goa and Kerala to procure over 30,000 two- and three-wheelers. As per the press release, Under the agreements, the CESL will also invest in establishing the electric vehicle charging infrastructure and monitor the use of the assets.

CESL signed MoUs

The CESL has also entered with Bharat Electronics Limited (BEL), TVS Motor Company, JBM Renewables Pvt Ltd and Fortum India. Under these agreements, CESL and the private companies will jointly participate in the adoption and expansion of electric vehicles and the ecosystem. It includes the establishments of public charging infrastructure, improved technology for the adoption of charging and better practices and business models. The agreements also include the development of highway and expressway Charge Point Operators. As part of this project, the parking and the charging facility will be provided to the customers all over the EV segment.

Ms Mahua Acharya, MD & CEO, Convergence Energy Services Limited (CESL), said that “Mass adoption of EVs is an important step towards achieving India’s green growth goals and there is no better day than today, World Environment Day, to announce EESL’s many collaborations.”

Manu Saxena, Vice President, Future Mobility & Dealer Transformation, TVS Motor Company, said that CESL is a significant initiative of the Government of India to make public charging infrastructure available to the citizens of India. Today, on World Environment Day, TVS Motor takes pride in being the first 2-Wheeler manufacturer to have an MOU with CESL,”

“We will continue to contribute to India’s electric adoption, staying true to our brand purpose, TVS IQUBE CHARGE. LIFE. This year TVS IQUBE will be available in over 20 cities in India. In addition to its home charging options, it will be the TVS dealership charging network, and the emerging PUBLIC CHARGING ecosystem, with strong players like CESL that will accelerate India’s EV journey.”

Awadhesh Jha, Vice President, Fortum Charge and Drive India Pvt Ltd. said that “the adoption of e-mobility in India depends on the creation of a ubiquitous and robust charging infrastructure that will encourage consumers as well as automakers for greater participation. We are happy to see that there has been significant growth in the demand for public EV charging infrastructure and the policy support extended by the Indian government to bolster the mass adoption of EVs in the country. This MoU is to develop jointly charging plaza in 4 million+ cities of India as well as support CESL in managing their network using Fortum’s capability as Network Service Provider (NSP) will definitely provide a paradigm shift towards the sale and growth of electric vehicles in the country.”

Shri GSN Murthy, General Manager (Civilian Marketing), Bharat Electronics Limited (BEL) said that “there is immense scope for growth in the Electric Mobility sector in India, in all its aspects especially in the Charging Infrastructure, Battery recycling and reuse and adoption among the masses.”

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