Charging station startup Kazam joins hands with BSES to install EV charging stations in Delhi
The association with BSES is in line with the company's commitment to providing smart and affordable charging solutions to help India overcome its charging infrastructure challenges, the company said in a statement
Charging station startup Kazam on Monday said it has joined hands with BSES to set up EV charging station network in Delhi.
The association with BSES is in line with the company's commitment to providing smart and affordable charging solutions to help India overcome its charging infrastructure challenges, the company said in a statement.
See Zee Business Live TV Streaming Below:
Kazam's appointment by Delhi DISCOMs, namely BSES Rajdhani, BSES Yamuna, and Tata Power DDL, for the installation of subsidised electric vehicle charging stations will be for three years through a tender that was released in July 2021, it added.
For the first 30,000 charging stations, GNCTD ( Government of NCTD ) would provide a subsidy of up to 100 per cent of the cost of the slow chargers and up to Rs 6,000 per charging point.
The subsidy will be given to the first 30,000 charging stations and would be applicable to installations in semi-public locations such as malls, workplaces, hospitals, and shops, as well as private property owners such as bungalows and apartments.
The Government of NCT of Delhi launched the Delhi Electric Vehicle Policy on August 7, 2020, in an effort to make rapid progress toward sustainable development by encouraging the use of electric vehicles in the city.
The primary goal of this policy is to provide private charging facilities in semi-public sites such as commercial buildings, institutional buildings, and workplaces, as well as private property sites such as bungalows and apartments.
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.
RECOMMENDED STORIES
Latest FD Rates: Know what SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on 1-year, 3-year and 5-year fixed deposits
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Rs 55 lakh Home Loan vs Rs 55 lakh SIP investment: Which can be faster route to arrange money for Rs 61 lakh home? Know here
Sukanya Samriddhi Yojana vs PPF: Rs 1 lakh/year investment for 15 years; which can create larger corpus on maturity?
09:20 PM IST