VIJAYAWADA: The New & Renewable Energy Development Corporation of AP Ltd (NREDCAP) and Indian Oil Corporation Limited (IOCL) have signed a bilateral agreement to take up detailed feasibility studies in IOCL retail outlets in Andhra Pradesh for development charging infrastructure as part of the policy of State and Central governments to promote e-mobility.
NREDCAP is the State nodal agency for promotion of E-Mobility policy guidelines issued aimed at reducing emissions from vehicles. The E-Mobility policy aims to phase out all fossil fuel-based commercial and logistics vehicles in top four cities by 2024 and all cities by 2030. The affordable, safe, reliable and accessible charging infrastructure is key to the development of e-Mobility.
