Centre set to expand electrification drive to PSUs, state govts in boost for electric carmakers
New Delhi, May 21 -- India is looking to accelerate its government fleet electrification programme via its clean energy agency to central ministries, state governments, public sector banks, and autonomous bodies-widening a drive that has so far hardly made a dent in a vehicle fleet of over 800,000 units.
Led by the Convergence Energy Services Ltd (CESL), a central clean energy agency, the expansion plan will offer state governments and public sector undertakings (PSUs) a leasing-based 'EV as a Service' model that eliminates purchase costs and provides charging infrastructure and maintenance. The model, launched in 2024, will help circumvent the two big barriers to fleet electrification: high capital outlay and logistical complexity.
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