Convergence
Energy Services Limited (CESL), a government of India company under Ministry of
Power, signed an agreement with New & Renewable Energy Development
Corporation of Andhra Pradesh (NREDCAP) to provide 25000 electric 2 wheelers in
the state. These electric vehicles will be provided to state government
employees of Andhra Pradesh and the number may increase as per requirements.
Congratulating
NREDCAP and CESL on the agreement, Andhra Pradesh Energy Minister i Balineni
Srinivasa Reddy said, “Our vision, with the procurement of 25,000 two-wheeler
electric vehicles, is to make Andhra Pradesh go electric. We have been
effectively providing affordable and clean power and a fillip to e-mobility
will make a further push towards clean energy adoption. Electric 2-wheelers for
government employees will boost energy and financial savings and we hope more
and more people will also make a shift to EVs.”
Under
the agreement CESL and NREDCAP will work to aggregate demand, deploy electric
vehicles, and build charging infrastructure. CESL will devise a suitable
payment security mechanism, which will be facilitated by NREDCAP.
Srikant
Nagulapalli, Chairman, NREDCAP said, “Providing 25,000 two-wheeler electric
vehicles to government employees will be game-changing for E-mobility in the
state. Apart from mitigating climate change, electric mobility is going to be a
key economic growth driver and we are focused to build the e-mobility ecosystem
in the state. We will encourage all government employees including cooperative
societies, public sector undertakings, village, ward secretariat staff and
others to opt for EVs. A bigger fleet of EVs in the government will encourage
greater uptake among the masses.”
Ms
Mahua Acharya, MD & CEO, CESL said “Andhra Pradesh’s decision to go
electric will accelerate E-mobility adoption in the country, hopefully
providing a blueprint for other states to adopt. We are delighted to partner
with NREDCAP and grateful to the Hon’ble Minister for this opportunity and look
forward to achieving scale, consolidation and standardization across the
ecosystem.”
The
electric 2-Wheelers will be provided on a monthly lease inclusive of a
comprehensive insurance that will be deducted as EMI from the volunteering
government employee’s account. The electric 2-Wheeler will carry a standard
warranty of 3 years against any manufacturing defect. Batteries too will carry
warranty till 3 years or 60,000 kms whichever is earlier.