₹3,672 crore for the ₹5,000 crore project, the rest will come from sovereign green funds, green bonds, carbon markets and multilateral development banks, among others. NHEV is also in talks with joint ventures of public sector companies to take up and operate charging infrastructure.
Setting up charging infrastructure is a key focus area of the government as it looks to encourage EV adoption. It has already included charging stations as part of wayside amenities (WSAs) awarded by NHAI.
With the battery swapping policy still in the works, the road ministry has identified about 700 points along greenfield expressways and east-west and north-south corridors for development of green wayside amenity centres equipped with various kinds of charging points for electric vehicles. State-run oil marketing companies have already begun building charging infrastructure at their fuel stations along national highways.
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