Magenta ChargeGrid announced that it has successfully installed around 116 EV chargers under the Delhi government single window scheme “Switch Delhi”. The chargers have been installed in several locations of Delhi such as Munirka, Chattarpur, Jamia Nagar, Vasant Kunj, Dwarka and Rohini, among others.
To accelerate the adoption of electric vehicles and curb the air pollution, the Delhi government aims to deploy 25 per cent of all new vehicles to be battery operated by 2024.
Subsidy scheme
Under this subsidy scheme each consumer is eligible for Rs.6,000 subsidy from Government of National Capital Territory of Delhi per EV charging point under the Delhi EV Policy limited to 1 EV charging point for private charging and up to 20 EV Charging point for semi-public properties like housing societies, commercial properties, government buildings and projects. The GNCTD subsidy is available for the first 30,000 points including LEVAC and AC001 chargers.
5,000 installations targeted
Maxson Lewis, Founder & Managing Director, Magenta, said “We support the Delhi government initiative of making Delhi the EV capital of India.” The attractive purchase incentives provided by the government will surely make the cost of owning and operating an EV affordable. Keeping with the trend for home EV charging, which generally accounts for 70-80 per cent of worldwide charging demands, we are planning to cover around 5000 installations of home chargers by the end of this year under this scheme. We have successfully deployed the highest number of EV charging points under this scheme.
Also read: Magenta Installs Delhi’s First Private EV Charging Point In Collaboration With BSES
Safe charging
Budget friendly
The private EV charger roughly costs Rs.2,375 per unit after subsidy. The low-cost AC charger also has several innovative features such as auto charging session resume in the event of power failure and is equipped with protection against electronics short circuit, over current, over voltage, and ground fault. These chargers are also extremely easy to install and take up very little space as they can be placed on the wall or on a stand. These smart chargers can be operated through ChargeGrid mobile application by all EV users, the release added.