Post implementation of the MoU, AMC is expected to save over 4.46 tonnes of CO2 emissions per EV per year, the corporation stated in an official communique. EESL is a joint venture of four national Public-Sector Undertakings – NTPC Limited, Power Finance Corporation Limited, Rural Electrification Corporation Limited and Powergrid Corporation.
Commenting on the MoU, Venkatesh Dwivedi, Director (Projects), EESL stated, "EVs are at the forefront of the global agenda to move towards a sustainable future. EESL is leading initiatives to promote EV adoption in India under Indian Government’s National eMobility Mission."
Both EESL and AMC believe installation of public charging stations would encourage adoption of EVs in the city, helping the state achieve targets of increasing EV adoption.
Several states in India have released policies for promoting adoption of EVs.
Under EESL’s EV programme, the venture has completed tender processes to procure 10,000 e-cars.
So far, 1,408 e-cars have been deployed across the country and are under registration/allocation. For charging e-cars, 286 AC & 142 DC chargers have also been commissioned. EESL has signed agreements with various PSUs, Government departments, State Governments of Andhra Pradesh, Maharashtra and Telangana.