CESL inks MoU with Marriott International to develop EV charging units
State-owned Convergence Energy Services Ltd (CESL) on Wednesday said it has signed an agreement with Marriott International to develop electric vehicle charging units and related infrastructure.
State-owned Convergence Energy Services Ltd (CESL) on Wednesday said it has signed an agreement with Marriott International to develop electric vehicle charging units and related infrastructure.
With the aim to boost electric vehicles (EV) adoption by strengthening charging infrastructure across the country, CESL has signed a Memorandum of Understanding (MoU) with Marriott International to construct and operate EV charging infrastructure in the hotels managed, licensed and franchised by the Marriott International and its affiliates in India, a statement said.
See Zee Business Live TV Streaming Below:
Under this partnership, CESL will be entrusted with planning and implementation of the project including all costs and performance of all tasks required for procurement, installation, operation and maintenance of the charging units and related infrastructure.
Over the next two months, CESL will be installing EV charging units across 37 Marriott International hotels and will gradually expand to 100 hotels within one year.
Marriott International, Inc is based in Maryland, USA, and encompasses a portfolio of roughly 7,900 properties under 30 leading brands spanning 138 countries and territories.
CESL is a wholly owned subsidiary of Energy Efficiency Services Limited. It is focuses on delivering clean, affordable, and reliable energy.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.