Power Grid slashes electric vehicle charging rates by 50 per cent in Hyderabad

Power Grid Corporation has slashed by 50 per cent the rate for charging electric vehicles in Hyderabad, in an effort to give a boost to the emerging mode of transportation.

Power Grid, with Hyderabad Metro Rail Ltd and L&T Metro (Hyderabad) Rail Ltd, has installed four electric vehicle charging stations at the Miyapur Metro Ststion; Hyderabad Next Galleria Mall at Hitech City; Next Galleria at Punjagutta; and Nagole metro rail station.

The price for charging individual e-vehicles and e-taxis will now be Rs 12.60 per kWh, as against Rs 24.60 per kWh earlier.

The move is part of Power Grid Corporation’s eco-friendly green services, according to a company statement.