Start-up ElectiVa wins contract for electric vehicle charging stations in Delhi

Start-up based in Delhi ElectiVa has been won the contract to install and operate 100 electric vehicle charging stations throughout the state.

According to the company, the contract, which was awarded by local urban bodies, targets key locations in the city such as Green Park, Hauz Khas, Saket, defence colony, South Ex, Lajpat Nagar, RK Puram, and Vasant Vihar, among other commercial areas. Sumit Dhanuka, the company’s founder, stated that he intends to install over 50,000 electric vehicle charging stations across the country over the next four years.

India currently has less than 1500 charging stations, with Delhi accounting for 30% of the total. According to a report from the industry chamber FICCI, the country will need 400,000 charging stations by 2026 to meet its target.

ElectriVa is currently in talks with a few venture capitalists and investors about raising around $1 million to fuel the company’s expansion and reach the goal of over 2000 EV charging stations by the end of 2022.

Dhanuka, a clean energy entrepreneur, stated that he intends to raise funds for the organisation in order to meet their growth goals and the government’s vision of moving toward clean mobility.

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