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      Home » AMC to Extend Revenue Share for Commercial EV Charging Stations

      AMC to Extend Revenue Share for Commercial EV Charging Stations

      Aishwarya SaxenaBy Aishwarya SaxenaJuly 15, 2022 Charging Stations 1 Min Read
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      To increase its revenue share, Ahmedabad Municipal Company (AMC) has decided to extend its share from electrical automobile (EV) charging stations on a public-private-partnership (PPP) mannequin.

      EV Charging StationsAs per Gujarat Electrical Car Coverage 2021, the civic physique will get 70 paise per unit charged on the EV charging station arrange on the PPP mannequin.

      The Ahmedabad Municipal Company (AMC) has now determined to extend its income share to Re 1 per unit charged.

      The choice was taken through the AMC’s standing committee assembly.

      The civic physique had entered into a settlement with Vitality Effectivity Providers Ltd, a three-way partnership of the federal government, to arrange EV-charging stations infrastructure.

      The settlement was additionally modified to incorporate the change in income sharing.

      In keeping with the coverage, the native physique allots land without cost to non-public gamers to arrange EV charging stations and in addition, provides subsidies starting from Rs 20,000 to Rs 1.5 lakh.

      AMC deliberate to arranging 100 public EV charging stations throughout the town. Nevertheless, up to now the civic physique has arranged solely three charging stations.

      The civic physique is within the technique of establishing two extra EV-charging stations one at Nehru Bridge and one other at Prem Darwaza.

      Ahmedabad Municipal Company (AMC) news PPP mannequin public EV charging stations Vitality Effectivity Providers Ltd
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