Based in Finland and operating renewable energy resources in several countries with a focus on carbon emissions reduction, Fortum has entered into an agreement with Hyderabad Metro Rail project (HMRL) to establish electric vehicle charging network at Hyderabad Metro Rail stations and to encourage non-polluting electric vehicles in Hyderabad.
Fortum has recently entered India and so far, established 40 EV charging points for 4-wheelers in India, out of which half of them are in Hyderabad, mostly at HMRL stations.
Fortum has already established EV charging points at Begumpet, Kukatpally, KPHB, Moosapet, Stadium, Tarnaka, Mettuguda and Habsiguda Metro Stations and is charging electric cars free of cost at present.
Once tariff rates are made applicable, the cost per km of travel will be around Rs 2. The time for charging a car is 45 minutes to one hour.
The HMRL’s presentation to the Fortum on the unique features and the engineering and financial innovation of Hyderabad Metro Rail project and informed them that HMRL has a broader goal of promoting Hyderabad as a people’s friendly green city with less pollution and better air quality.
Appreciating this environmental-friendly approach and proactive measures of HMRL, the Fortum delegation has expressed its readiness to establish more EV charging points at Metro stations.
Reference- Hans India, HMRL website, Fortum website
