NTPC seeks licence to set up EV charging stations

NTPC is seeking a common pan-Indian licence to construct and set up EV charging stations across India. According to the Electricity Act, 2003, electricity can be sold by a discom and its licensees or franchisees. NTPC plans to overcome this issue with the new licence. In addition, the company is planning to set up battery swapping stations and is currently working on a strategy to reduce the costs for setting up the charging stations.

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