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Tax on Go


CESL to supply 30,000 EVs to Goa, Kerala
By TOG News service
Jun 07, 2021

TOG NEWS SERVICE, NEW DELHI, JUN 07, 2021: STATE-RUN Convergence Energy Services Limited (CESL) has entered the two- and three-wheeler Electric Vehicles (EV) segment in the country by signing agreements with the governments of Goa and Kerala to procure over 30,000 such EVs.

With this, CESL will also be investing in establishing EV charging infrastructure and monitoring the use of the assets.

The Power Minister Public Sector Unit (PSU) also entered into strategic relationships with firms like Bharat Electronics Limited (BEL), TVS Motor Company, JBM Renewables, and Fortum India to jointly undertake the expansion and adoption of the EV ecosystem.

"This will entail the setting up of public charging infrastructure, better technological adoption in charging, exploring best practices and business models as also the availability of potential customer segments for demand augmentation," said CESL.

The agreements will also include the development of highway and expressway Charge Point Operators. The feasibility of ‘park and charge' facility to customers across all EV segments will also be explored as a part of the project.

" The mass adoption of EVs is an important step towards achieving India's green growth goals ," said Ms Mahua Acharya, MD and CEO, CESL.

The Central PSU also signed agreements with the government of Ladakh and the Meghalaya Power Distribution Corporation Limited (MePDCL), expanding its decentralised solar portfolio by around 65 MW.

In the Union Territory of Ladakh, CESL will set up a 5 MW solar power plant at Zanskar in Kargil, and implement various clean energy and energy efficiency programmes.

In Meghalaya, CESL signed a pact worth 60 MW to implement various sustainable solutions like pump sets, LED lighting and solar power stations for agriculture. This will enable energy savings, reduce transmission and distribution losses and contribute to the State's solar capacity building.

A 100 per cent owned subsidiary of Energy Efficiency Services Limited (EESL) – CESL, a new energy company, is focused on delivering clean, affordable, and reliable energy. It focuses on energy solutions that lie at the confluence of renewable energy, electric mobility, and climate change.