Electric vehicle charging infrastructure provider EVI Technologies (EVIT) on Monday said it has inked a pact with Bharat Sanchar Nigam Ltd (BSNL) for setting up battery swapping and charging stations.
As part of the 10-year memorandum of understanding (MoU) inked between the two entities, EVIT would install charging infrastructure at 5,000 locations of BSNL across the country, covering major cities.
Under the agreement, EVIT will make the entire upfront investment on services pertaining to the MoU, along with the operation and maintenance of battery swapping infrastructure, the company said in a statement.
The state-owned telecom operator on the other hand would be responsible for providing the requisite space and power connections for installing the battery swapping infrastructure, it added.