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EV Charging Station gaged to raise revenue of discoms in near future

<p><span style="font-size:11.0pt">Government is planning to achieve its ambitious target of achieving 30% of Electric Vehicles by 2030. It is estimated that around 4,000 charging station across the country would be required next fiscal. Discoms are the major beneficiary of such proposition, likely it may fetch revenue in tune of Rs. 42,000 crores per Annum from sale of electricity to charging stations. Government presumes that charging stations in figure of 1 lakh across the country would be required by 2030. Government through its supportive policy and regulatory measures is poised to stimulate private investments in the E-Mobility sector.</span></p>