NTPC plans to set up swapping stations wherein recharged batteries will be swapped with drained batteries. Photo: BloombergNew Delhi: State-controlled NTPC Ltd is exploring the possibility of securing a national licence for setting up charging stations for electric vehicles across states. If that happens we will be able to set up the charging stations very quickly,” said a senior NTPC executive, requesting anonymity. NTPC plans to set up battery swapping stations wherein recharged batteries will be swapped with the batteries drained of charge. An NTPC spokesperson in an emailed response confirmed the development, saying, “Yes, NTPC is exploring various options in the area of EV charging station business.”Experts believe that such a national licence for EV charging stations will be a shot in the arm for NTPC.

Source: Mint August 06, 2017 15:33 UTC