In the fiscal year 2023-24, the landscape of electric vehicle (EV) adoption in India witnessed significant growth, as evidenced by the surge in electricity consumption attributed to EV charging. According to data from the Central Electricity Authority (CEA), the total electricity consumed by EVs in the country reached an impressive 407.223 million units by February 2024.
One notable standout in this trend was the Maharashtra State Electricity Distribution Company Limited (MSEDCL), which emerged as a leader in facilitating EV charging infrastructure and heavy-duty Power Conditioning Systems (PCS). MSEDCL accounted for a substantial 22.06% of the total electricity utilized by EVs across various distribution companies nationwide. This highlights Maharashtra’s robust presence in the EV sector and its proactive role in promoting electric vehicle adoption.
Following closely behind MSEDCL were prominent distribution companies like BSES Rajdhani Power Limited (BRPL), Tata Power- Delhi Distribution Limited (Tata Power- DDL), and BSES Yamuna Power Limited (BYPL) in Delhi. Together, these companies contributed significantly, accounting for 273.002 million units of electricity consumed by EVs. The collective efforts of these companies underscored the regional significance of Delhi and Maharashtra in driving the electric vehicle revolution.
Delhi, specifically, demonstrated a strong commitment to EV adoption with BRPL, Tata Power- DDL, and BYPL playing key roles in supporting EV charging infrastructure. This collaborative effort between distribution companies in Maharashtra and Delhi resulted in an impressive 67.04% share of the total electricity consumed by EVs nationwide.
Zooming out to a broader perspective, the top ten distribution companies collectively represented a substantial 90.64% share of the total electricity consumed by EVs. This highlights the concentrated impact of select players in driving EV adoption and promoting sustainable transportation practices across the country.
Moreover, the data underscores the regional diversity in EV electricity consumption, with states like Maharashtra, Delhi, Gujarat, Tamil Nadu, Haryana, and Andhra Pradesh emerging as leaders in this domain. These states have shown significant progress in creating an enabling environment for EV infrastructure development and fostering consumer confidence in electric mobility.
The data from the fiscal year 2023-24 exemplifies the increasing influence of electric vehicles on India’s electricity consumption patterns. Specific distribution companies and states have played pivotal roles in advancing the transition towards cleaner and sustainable transportation. The findings emphasize the need for continued investments and policy support to accelerate the adoption of electric vehicles and mitigate the environmental impacts associated with conventional fossil fuel-powered vehicles.
