Hyderabad: A delegation of Fortum, a Finnish government-owned company, led by its senior vice-president Risto Penttinen and executive vice-president Mikael Ronnblad, called on Hyderabad Metro Rail Limited (HMRL) Managing Director N.V.S. Reddy at Metro Rail Bhavan on Thursday to discuss mutual collaboration between Fortum and HMRL..
- Fortum has entered into an agreement with the HMRL to establish electric vehicle charging network at the metro stations.
- Recently, the firm entered the Indian market and has so far established 40 e-vehicle charging points for 4-wheelers, of which half of them are in Hyderabad, mostly at HMRL stations.
- Already, Fortum has established e-vehicle charging points at Begumpet, Kukatpally, KPHB, Moosapet, Uppal, Tarnaka, Mettuguda and Habsiguda Metro stations, and the service is free of cost presently.
- Once the tariff rates are applicable, the cost per kilometre of travel would be around Rs. 2.
- Apart from the Fortum, the Power Grid Corporation of India, a Government of India u
ndertaking, has also established 3 charging points at Miyapur and Balanagar Metro stations.
- Reddy said, other companies are also coming forward to establish e-vehicle charging points at metro stations for electric bikes and auto-rickshaws.
- He made a presentation to the Fortum delegation on the unique features and the engineering and financial innovation of Hyderabad Metro Rail project.
- The HMR has a broader goal of promoting Hyderabad as a people-friendly green city with less pollution and better air quality, Reddy informed the delegation.
- The delegation expressed it’s readiness to establish more e-vehicle charging points at metro stations.
Rail Analysis insights: Fortum has entered into an agreement with the HMRL to establish electric vehicle charging network at the metro stations.
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