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Ede Micro Project

This micro project proposal outlines the establishment of an electric vehicle (EV) charging station, focusing on renewable energy resources and the business plan involved. It includes a methodology for implementation, required resources, an action plan, and a literature review emphasizing the growing demand for EV infrastructure in India. The project aims to leverage government incentives and address the increasing need for charging stations as the electric vehicle market expands.

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Sanskar Sutar
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0% found this document useful (0 votes)
33 views11 pages

Ede Micro Project

This micro project proposal outlines the establishment of an electric vehicle (EV) charging station, focusing on renewable energy resources and the business plan involved. It includes a methodology for implementation, required resources, an action plan, and a literature review emphasizing the growing demand for EV infrastructure in India. The project aims to leverage government incentives and address the increasing need for charging stations as the electric vehicle market expands.

Uploaded by

Sanskar Sutar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Part A-Micro project proposal

1. BRIEF INTRODUCTION:

An electric vehicle charging station is equipment that connects an electric vehicle (EV) to a source of
electricity to recharge electric cars, neighborhood electric vehicles and plug-in hybrids.

2. AIM OF THE PROJECT:

This Micro project aims that the” Business Plan of Electric Vehicle”.is aimed at studying on
different renewable energy resources.

3. . INTENTED COURSE OUTCOME:

1. Use basic management principles to execute daily activities.

2. Use principles of planning and organizing for accomplishment of tasks.

3. Use principles of directing and controlling for implementing the plans.

4. LITERATURE REVIEW:

Conserving energy efficiently is becoming a challenging problem around the globe, specifically in
developing countries. One main reason is the lack of awareness of end users (or consumers) about the
usage of new and emerging techniques and technologies which can be helpful in mitigating the a for
mentioned problem. This paper will present the state-of-the-art technologies that have been proposed
in the literature related to enable solutions for energy conservation. This paper also highlights the details
of infrastructure and communication models used in the literature for implementing such enabled
applications. Based on the existing literature, this paper mentions areas that need more attention and
can serve as open issues or gaps for future research

5. PROPOSED METHODOLOGY:

This methodology applies to the charging of electric vehicles (EVs) through EV charging
systems, including their associated infrastructure, whose GHG emission reductions are
achieved through the displacement of emissions from conventional fossil fuel vehicles used for
passenger and freight transportation as a result of the electricity delivered by the project
chargers
6. RESOURCES REQUIRED:

Name of Resource
Sr . No. Specification
Required
1 Laptop Intel(R) Core i7- 16GB RAM
2 Operating system Windows 11
3 Software Word

7. ACTION PLAN:

Date
SR.NO. DETAIL OF ACTIVITY
1 Discussion and finalization of topic 4-2-25

8-2-25
2 Preparation and submission of Abstract

3 Literature Review 13-2-25

16-2-25
4 Collection of Data

5 Discussion and outline of Content 20-2-25


6 Editing and proof Reading of Content 28-2-25
5-3-25
7 Compilation of Report and Presentation
10-3-25
8 Final submission of Micro Project
Part B- Micro-Project
1.0 Rationale
Globalization, liberalization and privatization along with revolution in information technology
have opened up new opportunity transforming lives of masses. In this context, there is immense
opportunity of establishing manufacturing, service, trading, mark and consultancy enterprises
by diploma engineer. Our fast growing economy provides ample scope for diploma engineers
to succeed as an entrepreneur. Entrepreneurship requires distinct skills sets which are attempted
to be developed through this course. To begin with, this course aims to develop the competency
and the related outcomes in order to start small enterprise..

2.0 Actual Method Followed


The process for this micro project is to make a power point presentation showing business
plan on Electric
Vehicle Charging Station. We collect information and organize by following
points:
1. Collect the information on business plan.
2. Collect the information on charging station.
3. Show the information to faculty.
4. Learn about business.
5. First make a raw report and then correct it.
6. After all the corrections make a proposal.
7. Then prepare a report on business plan on Electric Vehicle Charging Station.
8. Make a power point presentation on the business plan.
9. Make pdf of report and print it.
10. We learn more about business.
3.0 Actual Resources Used

Name of
Sr. No. Resource Specification
Required
1 Book Entrepreneurship
Development
2 Website https://www.indiastudychannel.com/resources/180306-how-
to-start-an-ev-charging-station-business-in-india

4.0 Literature review

EV charging station, repair workshop and home charging station set up is undoubtedly a
great proposal. Electric vehicle (EV) charging companies are mushrooming ceaselessly.
With the increased awareness about the environment and the introduction of electric
vehicles (including e-cars and e-scooters), electric vehicle charging stations are on the list
of top business opportunities in India for the decade. Likewise opening a petrol pump or
starting a biofuel station has an endless and everlasting business scope in India as well as
across the globe, EV charge stations are on their trail of capturing the global market in the
upcoming years. EV Charging infrastructure refers to the ability to charge an electric car
from an electrical facility. This is precisely how fuel pumps seemThe need for EV charging
stations is always rising, and in the next few years, when the majority of vehicles will be
electric, the demand will skyrocket.Furthermore, the demand for electric chargingstations
will rise, as forecasted by the Indian governmentThe Indian government has taken an active
role in promoting green mobility. The effort will undoubtedly have an influence on the
motor industry in the coming years. In fact, analysts believe that there will be a lot of
possibilities in the two and three-wheeler areas in the futureBy 2030, utilization of EV two
and three-wheelers are predicted to increase by 70-80 percentAs various EV regulations
were released by the State and Central Governments last year a prospective entrepreneur
may surely investigate the chance to start up an EV charging station company in India,
providing he/she fits certain conditions.
4.1 What does an EV charging station do?

First of all, let's clarify the services provided by an EV charge station. You might have seen
electric two wheelers, cars, and e-rickshaws running on the city roads. But from where
these vehicles get themselves charged? Some people charge their e- vehicles at home. Like
in the case of Tata Nexon EV, the company itself installs the charging set-up at home
without charging any additional fees. But all establishments don't have a dedicated
charging point at the parking lot with required essential security features. A number of
charging stations are required to provide on-road charging services.
4.2 Cost of setting up an EV charge station:

The cost of starting an EV charging station is very low as compared to other business set-
ups. The government of India has declared that no license is required for setting EV
charging infrastructure, provided that it complies with the standards as laid down by the
'Ministry of Power'. Thus, no separate license is required for transmitting, distributing, or
trading electricity for the purpose of charging batteries of electric vehicles Thus, the cost
of starting EV charge stations includes only set up cost which consists of the cost of
chargers, electricity, software, infrastructure, advertisement, manpower, and maintenance.
On average, the cost of setting an EV charging point is between Rs. 1,00,000 and Rs.
45,00,000 depending upon the types of chargers you are going to install. Basic cost charges
included are the cost of new electricity connection, civil work, technicians and staff,
maintenance, advertisement, promotions, EVSE management software & integration, and
land lease (if any).

4.3 Advantages to start EV Charging Station Business Plan in India

• Finance Minister Nirmala Sitharaman announced in the 2019-20 budget an extra


tax exemption of Rs 1.5 lakh on interest payable obtained to purchase EVs.

• The government has announced the comeback of hybrid electric systems or electric
kits into automobiles, as well as the procedure for approving electric vehicles, to
stimulate the use of electric vehicles.

• Electrification will aid in the reduction of automotive emissions, a major


contributor to air pollution that costs the economy an average of 3% of its GDP
each year.

• The National Electric Mobility Mission Plan (NEMMP) 2020 and the Faster
Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) schemes
were both established with the goal of transitioning autos to an all-electric future
by 2030.

• During the years FY2018-FY2023, the electric vehicle market in India is expected
to develop at a CAGR of over 37%.
• It is predicted that by 2022, the manufacture of electric cars and their components
would account for a quarter of India’s GDP.

• EV charging stations have been mandated by the Indian government every three
kilometers in cities, 25 kilometers of highways, and 100 kilometers of highways for
heavy-duty vehicles.

4.4 Types of EV chargers:

There are three types of EV chargers:

• Type 1- It is a single-phase plug which can charge power level of up to 3 kw. It slowly
charges the vehicle from a home charging point converting AC power to DC.

• Type 2- It is a three-phase plug with the capacity to handle power level between 7.4 kw
and 43 kw with a 400 volt AC power supply. This type of charger is compatible with both
AC and DC charging systems as well as with vehicles with CCS plugs.

• Combined Charging System (CCS)- As the name suggests, these charges have the
capability to handle Type 1 AC charging as well as Type 2 DC fast charging. Combo
charges can handle power input of up to 350 kw.

• Chademo charger- It is a rapid charger with power input of up to 400 kw by 1000 V, 400
A direct current. Chademo is an abbreviation of 'Charge de Move' and is widely accepted
by over 70 countries across the sphere.
• GB/T charger- This type of charger is recommended by government of India. Bharat DC
001 standard provides power output of 15 kw/ 72-200 V while Bharat AC 001 provides
output of 10 kw/ 230 V

4.5 Step- by-step guide to start EV charging business:

Electric car charging station business opportunity is amongst the top business models in
India. The number of electric vehicles running on the roads is significantly more than the
number of EV charge stations on the roads. Some state governments have even declared to
compulsory install charging stations in commercial and residential complexes, and to
reserve a specific percentage for electric vehicles in such complexes. Here's all you need
to know before starting an EV charging station in your city.

As already mentioned, you do not need any license from the government to start this
venture. But we suggest you to check if your state government demands any local
certifications. All you have to look for is the minimum infrastructure required for setting
EV Public Charging Station (PSA).
4.6 Equipments required:

• A transformer with subsequent substation.


• Civil works as required.
• Sufficient parking space.
• Minimum five ISO- certified charger types/ machines.
• Minimum required safety equipments.
• A 33/11 KV cable with required equipment for metering and/ or termination.

4.7 Is it profitable to start an EV charging business?

EV home charging and public charging setup business are one of the best business
opportunities in India. Though the customer category still relies and depends upon the
traditional auto industry, EV automobile industry is the next generation preference. The
government has also taken various initiatives to promote the sale of such vehicles. GST on
electric vehicles and their batteries has been reduced to 5%. Income tax benefits are provided
up to Rs. 1,50,000 on the interest rate paid on their loans. Other than this, state governments
provide additional benefits, like exemption on road tax, registration fees, stamp duty,
electricity tax etc. It is unquestionably understandable that increased sales of such vehicles
will demand more number of charging points. Secondly, the government has issued
infrastructure guidelines making it compulsory to set an EV charging station at a distance
of every 3 km in cities and 25 km on national highways on both sides. It has also been made
clear that there should be such stations for long-range and heavy-duty vehicles at every 100
km on both sides of highway roads. But practically, our infrastructure doesn't have even 1%
of the stations required. Also, the government of India has invited bids from companies as it
is planning to install over 1000 EV charging stations by the year 2023. So, if you are a
prudent far-sighted entrepreneur with enough investment and patience, then EV charging
stations are a good setup to invest in.
4.8 EV charging station franchisee in India:

You can also get dealership and join hands with a reliable partner for this infrastructure.
Some of the big EV charging stations franchisee opportunity providers are:

• Tata Power. Panasonic.

• Charge + Z.one.

• NDPI Electric India Pvt. Ltd.


• EV Plug India.

5.0 Conclusion:

We conclude that, for a successful business start-up plan is very necessary. The progress that
the electric vehicle industry has seen in recent years is not only extremely welcomed, but
highly necessary in light of the increasing global greenhouse gas levels. As demonstrated
within the economic, social, and environmental analysis sections of this webpage, the
benefits of electric vehicles far surpass the costs. The biggest obstacle to the widespread
adoption of electric-powered transportation is cost related, as gasoline and the vehicles that
run on it are readily available, convenient, and less costly. As is demonstrated in our
timeline, we hope that over the course of the next decade technological
advancements and policy changes will help ease the transition from traditional
fuel-powered vehicles. Additionally, the realization and success of this industry relies
heavily on the global population, and it is our hope that through mass marketing and
environmental education programs people will feel incentivized and empowered to drive an
electric-powered vehicle. Each person can make a difference, so go electric and help make
a difference!
6.0 References:
https://www.e-startupindia.com/learn/how-to-start-ev-charging-station-business-plan-in-
india/
https://www.pluginindia.com/blogs/cost-estimates-and-revenue-model-for-a-public-charging-
station-pcs
https://aevt.org/wishlist/ev-charging-station-business-plan-in-india

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