ZET – A transformative investment opportunity
One of the earliest expressway projects in India was the golden triangle expressway connecting the tourist circuit of Delhi-Agra-Jaipur. The project was completed years before the National Highway Development Project (NHDP) was announced in late 1990s. It is only appropriate that the government has planned India’s first National Highway for Electric Vehicles in this golden triangle. Last week, a trial run of NHEV was conducted on a 248km highway between Delhi and Jaipur. Agra-Delhi-Jaipur will be the first 500km EV corridor programmed and to be operated by Advance Services on Social and Administrative Reforms (ASSAR). ASSAR would be operating 12 such corridors marked by the Union Power Ministry. On all these corridors, vehicles, chargers, civil & electrical infrastructure, fleet & station utilities and all other components would be engaged together on Annuity Hybrid E-Mobility (AHEM) model with single capex spend from PSUs and Banks. Agra-Delhi-Jaipur NHEV marks the begin...