Fortum India is planning to set up 720 electric vehicle charging facilities by 2020 in seven cities of India. The company currently operates 30 charging points in Delhi, Mumbai and Hyderabad. By December 2018 we will have 50 charging points in total and it plans to add 200 EV charging points by the end of next year and 500 additional charging points in next two years, thereby making the total tally of charging infrastructure to 750.
According to estimates, the approximate cost of establishing each charging facility will vary between Rs 10 lakh and Rs 50 lakh, depending on the type of charge and overall demand for electricity infrastructure needed in the country.
Company Profile : Fortum India Pvt Ltd