State-run Energy Efficiency Services Limited (EESL) has announced that it is set to lease out its electric vehicle charging infrastructure operations across the country.
The company, which has installed more than 400 charging points, has floated a tender to operate the charging points at 1,800 locations in the future. Many existing charging points are run by charging point operators.
The company plans to entirely exit operations of its charging infrastructure.
An official aware of the development said that under the plan, the company will set up charging points and lease out operations at 1,800 locations.
"We have a tender open for 1,800 locations across the country. Earlier we were also working. Now we will not come into operation. We will provide the platform and people can come because now the objective is resolved. Our aim was adoption," the official said.
He added that the idea behind leasing is for EESL to act as an asset-light organization, now the business has grown with other participants coming in.
"A total of 30 percent of government vehicles should be EV by 2030. That is a huge number. You need infrastructure to support it. Earlier the concern was how long a vehicle would travel after fully charging its battery; Now the concern has become about where one can charge and this is where business models are coming to the fore."