“I extend my heartfelt gratitude to the Tamil Nadu State Government and our esteemed partners Turiya for their invaluable support in realizing the vision of sustainable and eco-friendly mobility. Together, we are driving positive change and shaping a greener future for the state. Pilot initiative has generated invaluable technical insights, laying the foundation for evidence-based policymaking. The success of the 500 km prototype demonstrates a triumph over complexities, setting the stage for the ambitious expansion to cover 5500 km. Embracing a cutting-edge Climate Financing PPP model, Annuity Hybrid E-Mobility (AHEM), the project holds the transformative potential to overhaul the entire e-mobility sector at the national level. This structural reform encompasses procurement, standards, financing, and regulatory frameworks, aiming to accelerate ease of doing business. The initiative aligns with global expectations for Electric Vehicles (EVs) in India, positioning it as a prime sector for investment, manufacturing, and a catalyst for national economic growth and climate objectives, as said by Mr. Abhijeet Sinha. He further added the TN Water and Sanitation Fund recently issued a 6.2 million pool bond, aiming to access long-term domestic capital markets- as said by Mr. Amitabh Kant, who appreciated the effort of the Tamil Nadu state at the $2 Trillion Circular Economy Climate Financing Instruments ahead COP28 for India on 9th January 2024. The move aligns with the growing need for well-structured projects and a balanced mix of equity and debt financing to support the transition from early to advanced stages, especially in climate change ventures in India.”
Mr. Sashi Kumar,CEO Turiya EV Charge Partners & NHEV Tamil Nadu State Partner said “it is indeed a privilege as a partner in the inauguration of NHEV in Tamil Nadu, we believe this initiative will propel the state to the next level of development through the upcoming trial. It’s an exciting journey towards a sustainable and advanced future.”
On January 22, 2024, NHEV marked its territorial expansion by inaugurating its South Zone office at Chennai, Tamil Nadu. This strategic move underlines NHEV’s commitment to fostering sustainable practices in the southern region of India reaching the lands’ end of Kanyakumari.
In a significant stride towards bolstering Electric Vehicle (EV) infrastructure, NHEV, in collaboration with Turiya EV Charge Partner, has inked a monumental MoU with the government of Tamil Nadu at Global Investment Meet, 7th January 2024. This groundbreaking MoU valued 1300 crores, is poised to revolutionize the state’s highway infrastructure from Krishnagiri-Madurai, Coimbatore-Ulundurpet, Chennai-Trichy, Trichy-Madurai, Madurai-Kanyakumari, with total 14 stations, facilitating the seamless integration of EV charging stations. Each station, strategically placed every 50 km, aims to accommodate 500 EV cars, 75 buses, and 560 two/ three-wheelers at each highway with 28 charging stations in all. This monumental endeavor signifies NHEV’s commitment to fostering sustainable practices in the southern region of India.
During his visit to Tamil Nadu, NHEV Project Director- Mr. Abhijeet Sinha, the driving force behind NHEV, engaged in a productive meeting with Mr. Vishnu Venugopalan, IAS, Managing Director of Guidance Tamil Nadu. The discourse delved into the aspects of the MoU, exploring avenues for collaborative development. The conversation encapsulated the stakeholder’s requirements, expectations, and the scale of the envisioned project to turn 5500 km highways in e-highways.
Mr. Prakash Kumar, Director Operations, Turiya EV Charge partners & NHEV Tamil Nadu State Partner said “This monumental endeavor exemplifies NHEV’s unwavering commitment to championing sustainable practices, particularly in the southern region of India. It underscores our dedication to revolutionizing the electric vehicle infrastructure landscape and fostering environmentally conscious mobility solutions for the benefit of the community.”
The meeting wasn’t just confined to the state government officials; it was a platform for understanding the local landscape and supply chain management. Mr. Sinha made it a point to connect with other key stakeholders vehicle and charger OEMs, paving the way for potential collaborations. The focus extended beyond the signing of the MoU; it encompassed the broader support that NHEV aims to provide and, reciprocally, the support expected from the state.
This interaction marks a significant chapter in the NHEV-Tamil Nadu state Partnerships, fostering a synergy that holds the promise of transforming the state’s electric mobility landscape. As NHEV continues to bridge geographical gaps, this collaboration exemplifies how the amalgamation of states geographically positioned on ‘Sagarmala’ route of NHEV can catalyze sustainable development, building Tamil Nadu- a southern hub of India’s electric mobility future with maximum highways in the zone.
