Erisha E-Mobility and Uttarakahand Government sign Rs 1900 crore MoU to set up EV Park
The total investment of Rs 1900 crore will be over a 10 year time period.
The government of Uttarakhand has signed an Memorandum of Understanding (MoU) with Erisha E Mobility, to establish an EV park and deploy 100 EV charging hubs across the state.
The Electric Vehicle (EV) Park proposed on 320 acres with the investment of Rs 1500 crore, will provide a platform for Electric Vehicles manufacturing, ancillary units set up, technology providers, and researchers to collaborate, fostering the growth of the electric vehicle ecosystem in Uttarakhand. The company is also committed to generate the employment of 5000 persons (Direct+Indirect).
Additionally, the project aims to establish a robust charging infrastructure with the installation of 100 Electric Vehicle charging hubs with the proposed investment of Rs 400 crore, strategically located across the state. This network will ensure convenient access to charging facilities, facilitating the adoption of electric vehicles and reducing the carbon footprint of transportation in Uttarakhand. The total investment of Rs 1900 crore will be over a 10 year time period.
The MoU was formalised in the presence of the Chief Minister of Uttarakahand, Pushkar Singh Dhami and Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited.
Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited commented, "Our expertise in electric mobility solutions, combined with the government's commitment to sustainability, will undoubtedly create a positive impact on the environment and drive economic growth."
RELATED ARTICLES
Dhoot Transmission Files DRHP for IPO With ₹1,400 Crore Fresh Issue
Bain Capital-backed Dhoot Transmission plans a ₹1,400 crore fresh issue, with proceeds earmarked for debt repayment, exp...
Bosch India Focuses on Localisation and AI to Counter Cost Pressures
Bosch India is focusing on localisation, AI deployment and supply chain measures to manage commodity volatility, reduce ...
Autocar Professional’s May 15, 2026 Edition is Out!
From cautious recovery to full-throttle growth, India’s two-wheeler market enters a new era of competition and transform...


By Autocar Professional Bureau
13 Dec 2023
4872 Views
