Centre sanctions INR 800 crore under FAME Scheme Phase II for 7432 public fast charging stations

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The Union Minister of Heavy Industries, Dr. Mahendra Nath Pandey, today announced the sanction of Rs. 800 crores under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging stations across the country.

The Committee headed by DG BEE recommended certain changes to improve the viability of the development of public charging infrastructure. It includes supporting the upstream infrastructure (such as distribution transformer, LT & HT cables, AC distribution boxes, circuit breakers/isolators, protection equipment, tubular or PCC mounting structures, fencing and civil work) which generally cost up to 60% of overall cost for setting up a Public EV charging station. The upstream infrastructure comprises of the money that is to be paid by ChargePoint Operators to the DISCOMs to obtain electricity connection. Based on the recommendation of committee, MHI approved financial assistance for setting up upstream infrastructure of up to 80% upstream infrastructure.

This will make installation of charging stations easier by reducing the upfront cost. In addition, the earlier subsidy of 70% on EV Supply Equipment will continue as before.

While installing EV charging infrastructure, Charge Point Operators (CPOs) face the issue of unavailability of sufficient land. Considering this difficulty, MHI took up the matter with MoPNG (Ministry of Petroleum and Natural Gas) to explore the possibility of establishing charging stations at the Retail Outlets (ROs) of the OMCs. The OMCs have sufficient land in the premises of their ROs which can be utilized for the setting up of the charging stations.