Lubi Industries has been chosen by Bharat Petroleum Corporation Limited (BPCL) to install 1,400 rapid DC electric vehicle chargers throughout its retail locations in India. Manufacturing, supplying, installing, and commissioning 60kW DC chargers are all included in the contract.
In order to keep up with the increasing number of electric vehicles on the road, the initiative intends to improve India’s EV charging infrastructure. As of December 2023, there were roughly 7,000 public charging stations in India, according to government data.
In keeping with India’s drive for local production in the EV industry, Lubi Industries will produce the chargers in the country. According to the manufacturer, their charging units meet regulatory requirements and are built for long-term use.
One of the top oil marketing firms in India, BPCL, has more than 20,000 retail locations across the country. As part of the government’s effort to lessen reliance on fossil fuels, the company has been expanding its business model to incorporate EV charging services.
By 2030, the Indian government expects 30% of all automobile sales to be electric. With an investment of Rs 10,000 crore, the Ministry of Heavy Industries launched the FAME-II initiative to encourage EV adoption and the building of charging infrastructure in order to accomplish this goal.
Potential EV purchasers’ range anxiety, which has been recognized as a major obstacle to EV adoption in India, should be alleviated by the extension of charging infrastructure, according to industry analysts. It is anticipated that these chargers will start to be installed in the upcoming months.