Electric vehicle (EV) charging service provider Statiq has entered into an initial agreement with Noida Power Company Ltd (NPCL) for the installation of EV charging stations at residential complexes near Greater Noida, close to the national capital. This memorandum of understanding (MoU) signifies Statiq’s continued commitment to leading the transition to clean energy in India’s electric mobility landscape.
According to the statement, NPCL will collaborate with Statiq to identify suitable locations for setting up EV charging stations within its network and provide the necessary support for establishing the EV charging infrastructure, in line with the roles and responsibilities outlined in the MoU.
The agreement also establishes a structured framework for implementation, emphasizing the importance of selecting locations free from obstacles or constraints to ensure the safety and convenience of customers.
Akshit Bansal, the founder and CEO of Statiq, highlighted the company’s comprehensive approach to EV charging, stating, “We’re not just building India’s most extensive EV charging network; we’re also introducing advanced hardware and software solutions to guarantee reliable EV charging stations across all our operational regions. I think NPCL approved our proposal because they have faith in our high standards, innovative technologies, and skilled workforce, which enable us to establish and operate EV charging stations of any size with confidence.”
Statiq has already successfully deployed 7,000 charging stations across India, serving various electric vehicles in tier 1, tier 2, and tier 3 cities.
Ongoing projects, including the one scheduled to commence in Greater Noida in the coming weeks, contribute to Statiq’s growing portfolio as the company strives to achieve its goal of installing 20,000 EV charging stations by the end of 2024.