CESL selects agencies to set up 124 battery swapping stations for e-vehicles

Convergence Energy Services Limited (CESL) has selected agencies to set up 124 battery swapping stations and 352 standing chargers for electric two and three-wheelers.

The selected agencies will also set up 1,294 standing DC fast chargers for electric four-wheelers, CESL said in a statement on Tuesday. “The business will be delivered under a build, own, and operate (BOO) model valid for eight years, with charging stations installed across Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Mumbai, Pune and Surat,” the company said without sharing any further information.

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CESL MD and CEO Mahua Acharya said adequate charging infrastructure is a necessity for the scale-up of electric mobility. This model of engaging with market players will give all of us the outcomes we want — widespread charging stations.

Convergence Energy Services Limited (CESL) is a subsidiary of state-owned Energy Efficiency Services Limited (EESL), a joint venture of four power sector public sector undertakings — NTPC Limited, Power Finance Corporation Limited, REC Limited and Power Grid Corporation of India Limited.