Finnish clean energy firm Fortum Oyj today said it has entered into a pact with state-owned construction company NBCC for developing electric vehicle charging infrastructure at all its upcoming projects.
"Fortum Oyj, leading Finnish clean energy company in which Government of Finland owns 50.8 per cent shares, has signed a Memorandum of Understanding (MoU) with NBCC (India) Ltd for developing charging infrastructure across India in all upcoming NBCC construction projects," a Fortum Oyj statement said.
The MoU was signed by Arto Raty, Senior Vice President of Corporate Affairs and Communications of Fortum and Yogesh Sharma, Executive Director, NBCC.
This pact will cover all major activities in value chain from planning and designing to making investment and operating the infrastructure using cloud based system.
As a first step, Fortum has installed one 22 KW AC charger on pilot basis in New Moti Bagh Colony, which shall be operated using Fortum's cloud-based system.
The charging station was inaugurated by Finland's Minister for Housing, Energy and the Environment, Kimmo Tiilikainen in presence of Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affairs and Anoop Kumar Mittal, Chairman cum Managing Director, NBCC.
Tiilikainen said, "India is one of the fastest growing economies in the world. While the rapid growth puts strain on the environment, it also opens extensive opportunities. Technological expertise of Finnish companies can be leveraged to support the sustainable development of Indian economy and energy sector. We are really happy to see Finnish companies bringing in their best technology and solutions to India.
Disclaimer: No Business Standard Journalist was involved in creation of this content
