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
Indians Back Gender Equality While Holding On to Traditional Roles, Survey Finds
A new Ipsos survey across 29 markets reveals that Indian support for women's advancement coexists with deep-rooted expec...
Triumph Motorcycles Crosses 1 Lakh Sales Mark in India
The British motorcycle brand, in partnership with Bajaj Auto since 2023, has reached the milestone within two and a half...
India's EV Market Holds Steady in February, e2W Subsidy Expiry Key Risk
BNP Paribas warns that the expiring PM E-Drive subsidy in March 2026 may trigger a rush of pre-buying in March registrat...




By Autocar Professional Bureau
13 Dec 2023
4758 Views
Sarthak Mahajan
