Arushi Green Energy ventures into EV charging business

Arushi Green formulates a business model to provide fast charging EV systems for both private and public charging stations.

Arushi Green Energy (India) Pvt Ltd is a well-established player in the solar business, has tirelessly propagated the sustainable energy solution for over a decade. Now with the policy push of the government of India for adoption of Electric Vehicles, Arushi Green Energy sees it an opportunity to continue on its path of sustainable solutions even in transport. It adds to Arushi Green Energy’s goals of supporting India’s green push in this much needed infrastructure for faster adoption of Electric Vehicles (EVs).

It has tied up with a renowned European company that has a stellar reputation in quality electrical to bring the latest in EV charging equipment into India. The focus is not only on the latest versions of charging systems but offering a cost advantage that will further add to the appeal of EVs in India.

Arushi Green Energy has formulated a business plan that will bring to market the fast charging EV systems both for Public and Private Charging Stations, but has also sourced the high end systems of fast charging public transport buses in the smart city projects across the country.

Bangalore is a case study in the appeal of EVs that have not only range, but can be charged fast and in places where the EV owner does not have to take his vehicle for charging and wait, the Arushi Green Energy solution is to install EV Charging Stations at apartment complexes, large office buildings, malls all at its own investment and offer charging at very competitive rates.

Shashikiran N K, Managing Director and CEO, Arushi Green Energy, says “I have made a personal commitment to see that people who today drive polluting petrol and diesel cars make the switch to electric cars painlessly and without worrying about the performance and charging required to travel, it is also harbinger of things to come that the latest Electric Cars are being introduced with a range of 400 to 500 kilometers with a single charge”.

“Arushi Green’s other plans is to also integrate the EV charging stations requirement of power with the generation from solar PV systems. This will bring down the charging rate from now a high of ₹12 to ₹ 15 per Unit to ₹ 8 or ₹ 9 per Unit. I want to see people in India travel in their cars for a cost of less than a rupee per kilometer, it is a goal Arushi Green Energy wants to reach in 2 years time, god willing” Shashikiran adds.

Shashikiran further feels that apart from private EVs, it is the adoption of E- buses by public urban and interstate bus services that will really push the faster adoption of EVs in India. “We have reached out to public and private bus operators and will be offering EV charging stations and intermediate charging technology to bring down the cost of people travel and turn around the fortunes of Public Sector bus corporations that have sustained losses due to ever increasing price of fossil fuel.”

The largest sector for EV adoption is the transport sector, with ‘Heavy Transport Vehicles’ to be changed from Diesel to Electric. The investment is huge, with increase in price of Diesel now approaching the same level as Petrol, the unorganized owner/driver is under pressure to operate profitably, with the operating cost of EV even in the heavy duty vehicle category far below that of Diesel, the need will be to create EV charging infrastructure for transport vehicles to support and encourage adoption of EVs for transport.

India blessed with its numerous rivers has an opportunity to use waterways transport, the introduction of Water Metro as proposed by Cochin is a landmark decision that will speed up use of EV in the waters. It is well known that heavy transport by water is far cheaper than other forms of land transport, EVs for Water cargo haul will be revolutionary in impact. EV charging stations to cater to boats, water vessels, heavy load catamarans is another avenue for growth of EVs in India.

“You can image that if a Public sector bus operator in Bangalore makes the switch from 6,500 Diesel buses to E-buses, the reduction in pollution on that one score only, it will be great step in reducing green house gases” Shashikiran states of his vision to add to the country’s green credentials.