An Electric Vehicle (EV) charging station is a place where charging ports are available to charge electric vehicles that are either two or four wheeled. These stations are built to have high voltage to change electric cars which are mostly reliant on their battery to function because electric vehicles do not have due or gas tanks for refill. As the demand for EV charging stations increases in India, you can find most of the leading automobile brands create an EVcharging station franchise. This business is expanding daily and it can be profitable for individuals seeking new and innovative ideas to start up a business.
An example of a leading automobile company is Tara. Tara is a globally renowned automobile company founded in Mumbai, India. Tata Power has an influence and is influenced by various stakeholder groups across their value chain. The company’s objective about sustainability is to engage with and address their needs, ensuring leadership is practice with care. Starting up as just a power supply company in 1910, Tara has expanded its portfolio today by providing ega power plants and thermal power stations in 250 EV charging stations across India. Tata company is expanding its business portfolio to areas of renewable energy, transmission and distribution, as well as customer based businesses of Solar Rooftops, Solar Pumps, House automation, EV charging, Energy Services (ESCO), Microgrids and Floating Solar.
A major step towards their transition to carbon neutrality has been to create sustainable products and services that are affordable and accessible to their customers. This will enable the company to strengthen its current stakeholder relationships and establish an array of products and services that make the business more proactive as the next decade of sustainability approaches. With a deeply embedded customer retention strategy, the Tata company continues to encourage innovation and technology to develop affordable and low carbon energy solutions for its customers.
Tata power paves the way in the automobile industry of non-emitting sources of energy with low-cost electricity and a reduced carbon emissions.The company has a 30% clean energy portfolio and aims to achieve 40-50% by 2025. Tata power offers opportunities to people across India to open an EV charging station franchise and it is currently the largest integrated power producer of about 10,577 mega watts (MW) and a supplier of electric energy for electric vehicles. Tata also aims at increasing the number of charging stations from 250-700 in the next few years.
The Transmission and Distribution of energy in Tata Power company
- Transmission of energy: Tata Power has ownership and takes over operation of 1200 circuit Kms of high voltage (220 kV and 110 kV) on its Transmission Network.
- Distribution of energy: The company has a 935 km HT and LT cable on its distribution network that connects 17 main receiving EV charging stations and over 85 sub–stations in its Mumbai License area
Achievements of the Tata EV charging station franchise
Amongst the companies many achievements that Tata Power can boast proudly of are the installation and commissioning of India’s first 500 MW unit located at its Thermal Power Generating Station in Trombay. The 150 MW input a storage unit at its Hydro Generating Station in Bhira, and environmental control systems like the Flue Gas Desulphurisation plant. Other achievements are:
- Tata Power was awarded a Certificate for having Strong Commitment to Excel in 2005 by the jury of CII–EXIM Bank Award for Business Excellence on the 12th of November 2005.
- In 2008, “Greentech Safety Gold Award” in Thermal Power sector for “Outstanding achievement in Safety Management” awarded to Trombay Thermal Power Station for the 5th consecutive year in April 2008
- Tata Power was awarded the Quality Circles AWARD 2007 at the “National Convention on Quality Circles” under the aegis of Quality Circle Forum of India.
- Dahanukar Award by the Indian Association of Occupational Health for HIV/AIDS intervention at the workplace in 2007
- In September 2012, the Maithon Power Limited (a Joint–Venture of Tata Power and Damodar Valley Corporation), in continuation with the “Green Maithon, Great Maithon” campaign that was launched on World Environment Day, has undertaken Green Belt Development on about 400 acres of project land and social forestry of a 10 Km radius.
- Infrastructure Excellence Awards in 2012 which included the Powerline Award in the category ‘Best Performing Renewable IPP’ Certificate of Merit and awarded to Transmission Lines.
- During the Tata Agrico Best Garden Awards 2013, the company was awarded the Partner Recognition for Illustrious Delivery & Excellence
In India, you can find a Tata EV charging station franchise in cities like Deli, Mumbai, Bangalore, Pune and Hyderabad. As the company expands, it shows that the EV charging station franchise is a good business idea that can thrive successfully in the future.
How to open an Tata EV charging station franchise
Depending on the rules of the company, you will need land for the EV charging station. Tata EV charging stations in India typically have an office built inside, a charging port and a good parking space for the electric cars. With 1000-1500 square feet of land, anyone can build an EV charging station. Also, the potential EV charging business owners need to have:
- Spacious parking area
- Local business certification
- Good civil work
- Proximity to a transformer
- Connection to renewable energy if the transformer fails
Tata EV charging station franchise cost
The cost of starting up an EV charging station in India can be made cheaper if the individual owns the last rather than renting one. Otherwise, a station can be rented and with 10-15 lakh rupees, anyone can easily start up the franchise. Below are the charging details at Tata EV charging stations.
|Charging method||Can be found at||Range/hour||Changing units till full|
|3.2KW||Onboard Charger||10 hours||21.6 km/h (0.36 km/min)|
|7.2kW||Work / Public Locations||4 hours||54 km /h (0.9 km/min)|
|30kW||Public charging Locations||60 mins||216 km /h(3.6 km/min)|
Documents required for a Tata EV charging station franchise
- ID proof like bank cards, pan cards and voters’ cards.
- Address proof like ration card, electricity bill and bank details with passbook.
- Photograph proof with email identification
- Phone number
- Financial documents
- Property claim documents with title, address, lease agreement and a ‘No objection’ certificate.
These documents are eligible if:
- Applicant must be an Indian citizen
- Applicant should be at least 10th pass
- Applicant age should be from 21-60 years old
How to apply online for a Tata EV charging franchise in India
Step 1: Contact the Tata power company on the official website where you find the ‘I am looking for EV charging solutions for’ with four options available to you.
Step 2: Fill in your details and click the ‘click here’ button where you will be directed to a new page.
Step 3: On the new page, you will enter your name, company, phone number, email address and department.
Step 4: At the department section, you will be required to write a comment about your business idea, goals and about the company, then click ‘submit’. You will be contacted by the company automatically.
Companies associated with the Tata Power company
North Delhi Power Ltd.
Energy Eastern Pte. Ltd.
Af–Taab Investment Co. Ltd.
Tata Power Trading Co. Ltd.
Maithon Power Ltd.
Tatanet Services Ltd.
Industrial Energy Ltd.
Industrial Power Utility Ltd.
Industrial Power Infrastructure Ltd.
Chemical Terminal Trombay Ltd.
Powerlinks Transmission Ltd.
Coastal Gujarat Power Limited
Veltina Holdings Ltd.
Tata Power (Mauritius) Ltd.
Tata Power (Cyprus) Ltd.
Tata Power International Holdings Ltd.
Trust Energy Resources Pte. Ltd.
Profit from an EV charging station franchise
The profit that can be made from the franchise is dependent on franchise location, labour costs, commercial lease rates and a variety of other facts that are recognised when the franchise has been applied for. You can also make a large profit from the EV charging station franchise in India if your station supports fast charging because everyone prefers fast charging therefore demand will increase significantly. Usually a full charge takes up to 4-5 hours using a stock charge so you need to increase faster chargers. Profit made from the franchise is also based on fast-paced locations like:
- Parking lots.
- Shopping malls.
- Tourist attractions.
- Crowded markets.
- Large or small business areas.
Advantages of creating a EV charging station franchise in India
- Low initial investment.
- Increased efficiency.
- Reduced use of carbon emitting traditional fuels.
- Easy pass with government legislation as low emission regulations increase.
- Contributions to tackling climate issues cause climate change.
- Improved use of technology that gives you insight and helps you stand out with competitors.
- Major profits in a good location.
- Increase sociability due to face to face transactions.
- Increased chances of referrals if your retention strategies are effective.
Disadvantages of creating a EV charging station franchise in India
- Few customers due to the high cost of purchasing an electric car.
- EV charging takes hours.
- Finding a suitable location close to transformers may be difficult or too far from customers.
- Continuous liability for electric and installation costs.
- High competition in the EV charging industry in modern times.
- Difficulty finding a suitable electric supplier.
- Risk of high overhead expenses.
- It may be difficult to run your business from home.