Magenta ChargeGrid Installs More Than 100 Home EV Chargers In Delhi

Magenta ChargeGrid has installed around 116 EV chargers under the Delhi government Single window scheme in several locations of the capital such as Munirka, Chattarpur, Jamia Nagar, Vasant Kunj, Dwarka, Rohini, and more. Magenta has been impaneled by three DISCOMs of Delhi including BRPL, BYPL, and TPDDL for a period of three years to set up an EV charging station network across the capital. Delhi's first LEV AC EV charger under the state government's plan was developed and installed by Magenta ChargeGrid at Vasant Kunj residential community.

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Maxson Lewis, Founder & MD, Magenta said, “The attractive purchase incentives provided by the Government will surely make the cost of owning and operating an EV affordable. Keeping with the trend for home EV charging, which generally accounts for 70-80 percent of worldwide charging demands, we are planning to cover around 5,000 installations of home chargers by the end of this year under this scheme. We have successfully deployed the highest number of EV charging points under this scheme.”

Around 100 EV chargers are also installed in different DISCOM offices.

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Around 100 EV chargers are also installed in different DISCOM offices. Under this subsidy scheme, each consumer is eligible for Rs. 6,000 subsidies per EV charging point under the Delhi EV Policy. However, private charging is limited to 1 EV charging point and up to 20 EV charging points for semi-public properties. The subsidy is available for the first 30,000 points including LEVAC and AC 001 chargers.

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The LEVAC chargers are designed for private use and the AC001 for residential purposes. The private EV charger roughly costs Rs. 2,375 after subsidy and has several features such as auto charging session resume in the event of power failure. It is also equipped with multiple safety protocols to protect against electronic short circuits, over-currents, over-voltage, and ground fault. These chargers are easy to install and take up very little space as they can be placed on the wall or on a stand. These smart chargers can be operated through the ChargeGrid mobile application by all EV users.