- Under the agreement CESL and NREDCAP will work to aggregate demand, deploy electric vehicles, and build charging infrastructure
- CESL will devise a suitable payment security mechanism, which will be facilitated by NREDCAP
Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25 thousand electric 2 wheelers in the state. These electric vehicles will be provided to state government employees of Andhra Pradesh and the number may increase as per requirements.
Andhra Pradesh’s Energy Minister,Balineni Srinivasa Reddy said: “Our vision, with the procurement of 25,000 two-wheeler electric vehicles, is to make Andhra Pradesh go electric. We have been effectively providing affordable and clean power and a fillip to e-mobility will make a further push towards clean energy adoption. Electric 2-wheelers for government employees will boost energy and financial savings and we hope more and more people will also make a shift to EVs.”
CESL will devise a suitable payment security mechanism
Under the agreement CESL and NREDCAP will work to aggregate demand, deploy electric vehicles, and build charging infrastructure. CESL will devise a suitable payment security mechanism, which will be facilitated by NREDCAP.
Srikant Nagulapalli, Chairman, NREDCAP said: “Providing 25,000 two-wheeler electric vehicles to government employees will be game-changing for E-mobility in the state. Apart from mitigating climate change, electric mobility is going to be a key economic growth driver and we are focused to build the e-mobility ecosystem in the state. We will encourage all government employees including cooperative societies, public sector undertakings, village, ward secretariat staff and others to opt for EVs. A bigger fleet of EVs in the government will encourage greater uptake among the masses.”