Electric Mobility Current Affairs

Indian, French companies ink pacts worth 13 billion euros

Indian and French companies have exchanged 19 contracts and agreements worth over 13 billion euros in sectors including new and renewable energy, smart grid, nuclear energy, aviation, cement, telecom among others. The agreements were formalised at Indo-French Economic Partnership (IFEP) signing ceremony held in New Delhi in the context of French President Emmanuel Macron’s official state visit to India.

Key Facts

Aviation Sector: The biggest deals signed in terms of value were from civil aviation sector. Low-cost carrier SpiceJet signed $12.5-billion agreement with French aviation major Safran Group to supply 155 CFM LEAP-1B engines for airline’s Boeing 737 MAX aircraft, along with spare engines to support fleet.

Safran also announced its eighth facility in India at Hyderabad, Telangana with 250 employees, for production of harnesses used in civil and military aerospace applications, for both local and foreign programs.

Airports Authority of India (AAI) signed agreement with French engineering company Egis for conducting study of three airports in the country — Lucknow, Pune and Trichy.

Electric Mobility Sector: Four French companies — EdF International Networks, Citelum, G2M and Solstyce — signed an agreement to work together for developing charging infrastructure in India to support electric mobility.

Renewable energy sector: Bharat Light & Power and EDF renewed their contract pertaining to data acquisition to optimise wind and solar energy production.  General collaboration agreement was also signed between French Commission for Atomic and Alternative Energy (CEA) and Vikram Solar to increase production capacity of high performance solar cells and modules.

Cement Sector: French cement maker Vicat announced investment of Rs 1,200 crore in Karnataka to double its production capacity and investment of Rs. 510 crore in cement-grinding unit in Andhra Pradesh.

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EESL to procure 10,000 electric vehicles from Tata Motors

State-run Energy Efficiency Services Ltd (EESL) has announced that it will procure 10,000 electric vehicles (EVs) from Tata Motors. It is world’s largest single electric vehicle procurement.

EESL had selected Tata Motors through international competitive bidding for this procurement. Other companies, Mahindra & Mahindra (M&M) and Nissan had also participated in the tender.

Key Facts

Tata Motors had quoted lowest price of Rs 10.16 lakh exclusive of GST in the competitive bidding. It will supply EVs in two phases with 500 e-cars in first phase in November 2017 and remaining 9,500 EVs in second phase. The EVs will be provided for Rs 11.2 lakh, inclusive of GST. It will also provide comprehensive 5 year warranty which is 25% below the current retail price of a similar e-car with 3 year warranty.

To carry out end-to-end fleet management of the procured vehicles for the concerned government customer, EESL will appoint service provider agency through competitive bidding. EESL will also be responsible for coordination between appointed agencies, monitoring and supervision, reporting, complaint redressal and payments.

Comment

EESL’s this move aims to make India’s passenger mobility shared, electric, and connected to cut country’s energy demand by 64% and carbon emissions by 37% in 2030. It will result in reduction of 156 Mtoe (million tonne oil equivalent) in diesel and petrol consumption pear year and net savings of roughly Rs 3.9 lakh crore by 2030.

Energy Efficiency Services Limited (EESL)

EESL was set up under Union Ministry of Power to facilitate implementation of energy efficiency projects. It is a Joint Venture of NTPC Limited, Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and POWERGRID. It also leads market-related actions of the National Mission for Enhanced Energy Efficiency (NMEEE). It also acts as the resource centre for capacity building of State DISCOMs.

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