Fortum and NBCC go electric in India
Finnish energy company Fortum and Indian NBCC have signed an MoU for developing electric vehicle charging infrastructure across India.
The Memorandum of Understanding covers all major activities in the value chain, including planning, designing and operating the charging infrastructure.
As a pilot, Fortum has installed one 22 KW AC charger in NBCC’s premises in New Delhi. Later, the company plans to roll out more than 150 charging stations in the coming 12–18 months. The agreement also aims to develop charging infrastructure along with the cloud-based system (SAAS).
“India is an important market for us,” says Arto Räty, SVP of corporate affairs & communications at Fortum, in a release. “Charging solutions with reliable hardware and software as well as responsive customer support are crucial to the end-user experience. We have developed Fortum Charge & Drive to meet these demands, paving the way for the more widespread and efficient use of electric vehicles.”
The pilot station was inaugurated by Finland’s Minister for Housing, Energy and the Environment Kimmo Tiilikainen.
“India is one of the fastest growing economies in the world,” Tiilikainen noted at the ceremony. “Whilst the rapid growth puts strain on the environment, it also opens extensive opportunities. Technological expertise of Finnish companies can be leveraged to support the sustainable development of Indian economy and energy sector.”
At the end of September, Fortum announced that it has made a final investment decision on the Sørfjord windfarm in Northern Norway. Sørfjord is part of the wind portfolio that Fortum acquired from Nordkraft earlier this year.
Looking for more good news? Subscribe to our newsletter