NTPC forays into electric vehicle charging stations business

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State-run power giant NTPC entered into the new business segment of setting up charging stations for electric vehicles (EVs) and has installed first such points at its offices in Delhi and Noida.

According to PTI, the main objective in setting up EV charging points is to be part of promoting clean energy transportation, it said, adding that it will also eventually push demand for such vehicles as well as power generated by its plants.

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A senior official said that NTPC has foryed into EV Charging business and started setting up charging stations at multiple locations.

He further said that the first charging station has been set up at NTPC offices in Noida and Delhi with a plan to set up many such charging stations across Delhi/NCR and other cities in near future.

NTPC is among state-run firms like Power Grid which are looking at creating new business segment of EV charging points, in line with India’s ambition to have all electric vehicles by 2030 to cut fuel import bill and running cost.

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