Govt sanctions Rs 800 cr for installing 7,432 EV fast charging stations

Govt sanctions Rs 800 cr for installing 7,432 EV fast charging stations

The Ministry of Heavy Industries on Tuesday said Rs 800 crore under FAME India Scheme Phase II has been sanctioned to three PSU oil marketing companies (OMC) for setting up 7,432 public fast charging EV stations across the country.

Govt sanctions Rs 800 cr for installing 7,432 EV fast charging stations

The ministry has released Rs 560 crore or 70 per cent of the total amount to three OMCs -- Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL)

Government Sanctions Rs 800 Crore For Installing 7,432 EV Fast Charging Stations

The Ministry of Heavy Industries on Tuesday said Rs 800 crore under FAME India Scheme Phase II has been sanctioned to three PSU oil marketing companies for setting up 7,432 public fast charging EV stations across the country.The amount has been sanctioned under FAME Scheme Phase II.The ministry has released Rs 560 crore or 70% of the total amount to three OMCs—Indian Oil Corp. Ltd., Bharat Petroleum Corp. Ltd., and Hindustan Petroleum Corp. Ltd.…

Govt sanctions ₹800 cr for oil PSUs to set up charging stations under FAME II

India's public sector oil companies will set up 7,432 public fast charging stations across the country.