In the fiscal year 2023-24, electric vehicles (EVs) saw significant growth in electricity consumption, reaching a total of approximately 358.581 million units by January 2024, as reported by the Central Electricity Authority (CEA). Maharashtra State Electricity Distribution Company Limited (MSEDCL) emerged as a standout performer, leading in EV charging station usage and heavy-duty Power Conditioning Systems (PCS).
MSEDCL notably accounted for over 22% of the total electricity consumed by EVs across various distribution companies nationwide. Following closely behind were BSES Rajdhani Power Limited (BRPL), Tata Power- Delhi Distribution Limited (Tata Power- DDL), and BSES Yamuna Power Limited (BYPL) of Delhi, collectively contributing to a significant portion of 161.824 million units of electricity.
This dominance by MSEDCL underscores Maharashtra’s strong presence in the EV sector. Similarly, distribution companies in Delhi, including BRPL, Tata Power- DDL, and BYPL, demonstrated substantial shares of the total electricity consumed by EVs.
The collaborative efforts of these top distribution companies from Maharashtra and Delhi resulted in a substantial 67.618% share of the total electricity consumed by EVs, highlighting the regional significance of these states in promoting electric vehicle adoption.
On a broader scale, the top ten distribution companies collectively accounted for 91% of the total electricity consumed by EVs, with Maharashtra, Delhi, Gujarat, Tamil Nadu, Haryana, and Andhra Pradesh emerging as the top states leading in EV electricity consumption.
In summary, the data reflects the increasing impact of electric vehicles on electricity consumption, with specific distribution companies and states playing crucial roles in driving the transition towards cleaner and sustainable transportation.
Please view the document here for more details.
