How Much Should You Be Spending on EV Chargers India?
Electric vehicles are a low cost alternative to petrol and diesel vehicles.The number of electric vehicles in India is constantly
increasing. So there is a sudden need for EV charging stations in India.The EV charging stations provide the chargers to charge the batteries of the EV on the road.The government has declared that anyone can set up a charging station if they have a permit from the power ministry and the station complies with ministry requirements.
Government guidelines about EV charging stations
As per government rules about charging stations,EV charging stations must be placed at every 3 km in cities.Along with every 100 km on both sides of the highway.There is also ongoing big projects like electric highway connecting big cities.
Basic infrastructure requirements for charging station
The following infrastructure requirements are necessary for setting up an EV Charging Station:
Installation of a transformer, substation equipment, and safety equipment.
33/11 KV cables and associated equipment for line and meters.
Civil works and installations.
Land space for charging vehicles and entry or exit of vehicles.
Installation of all the charger models approved by local and international standards.
Types of EV chargers
Level 1 Charging (Slow Charging)-It uses 120 volts (V) through an Alternating Current (AC) plug and can be used on home circuits. It takes around 8 to 12 hours to charge a battery through this equipment. It is mainly used in households for overnight charging of the EV.
Level 2 Charging (Standard Charging)-It uses 240 volts (V) AC plug,with an average charging time of 4 to 6 hours.These stations are mostly installed in public parking spaces, commercial and residential buildings.
Level 3 Charging (Rapid Charging)-It can charge a battery up to 80% in 20-30 minutes using 480 volts (V) Direct Current (DC) plug.However, it is not compatible with all the EVs. They can be installed only in public charging stations.
Cost of EV charging station
The electric charging station in India costs 1 lakh to 40 Lakhs.
some tentative estimates of the charging stations-
-For the charger type is CCS-60kW, the approximate cost will be Rs. 50,000.
-For type 2 AC AC-7/22kw, the approximate cost
will be Rs. 1, 00,000.
Other expenses are
-New electricity connection worth Rs. 7, 50,000.
-Civil works of Rs. 2, 50,000.
-Technician and manpower, along with maintenance costs of almost Rs. 3,50,000 per year.
-EVSE management software + Integration costs
of Rs. 40, 000.
-Manpower along with maintenance costs of almost
Rs. 3,50,000 per year.
-Land lease costs Rs. 6, 00,000 yearly.
-Promotion costs 50,000.
So the total cost of Rs. 40, 00,000 /- includes the first year setup.After the first year, the annual maintenance from the second year will cost Rs. 10, 00,000/- which includes the land lease.
Please Note: The mentioned above are estimated. They may differ according to time and place.
Charger cost
As per the government guidelines, public EV charging stations must have at least three fast (DC) chargers and two slow (AC) chargers. The cost of Level 1 chargers is comparatively low as compared to Level 2 and 3 chargers.
Bharat AC – 001 - Rs. 65,000
Bharat DC – 001 - Rs. 2,47,000
Type 2 AC - Rs. 1,20,000
CHAdeMO - Rs. 13,50,000
CCS- Rs. 14,00,000
EV charging station franchise in India
Tata Power – Mumbai
Charge + Zone – Vadodara
Exicom Power System – Gurgaon
Charge My Gaddi – Delhi
Volttie – Noida
EVQ Point – Bengaluru
PlugNGo – Noida
Dyna Hi-tech Power Systems – Navi Mumbai
Advantages of setting up EV charging stations
The government provides various schemes and subsidies for setting up EV charging stations.
Revenues would increase year by year.once you have covered your installation costs, the remaining revenue can be considered profit. The installation costs are estimated to be recovered in 3-5 years.
It would help in making India’s initiative of ‘Go Green’.
