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in INDIAN ECONOMY by (300 points)

On the Move: Unpacking the Challenges and Opportunities of Electric Vehicles

SINGAPORE - More than 600 electric vehicle (EV) chargers will be installed at some 200 public carparks in HDB estates, industrial estates and the Central Business District over the next 12 months.

The first of these car chargers are expected to be installed by the end of this year.

By the third quarter of next year, there will be 210 charging points in the central region, 50 in the north, 100 in the north-east, 120 in the east and 140 in the west.

The Urban Redevelopment Authority (URA) and the Land Transport Authority (LTA) said on Friday (Sept 3) that a consortium comprising ComfortDelGro Engineering and Engie South East Asia has been awarded a tender to set up EV charging points in selected carparks in the central, east and west regions.

Another consortium comprising Primech A&P, Charge+, Sunseap Group and Oyika has been awarded a tender to install the charging infrastructure in carparks in the north and north-east regions.

The tenders, which form a pilot tender put out in November last year, are the first steps towards a national target of 40,000 charging points in public carparks by 2030.

URA and LTA said they wanted to ensure that the pilot tender for the charging points was awarded to operators with quality charging services, financially sustainable business models and competitive charging prices.

"As such, agencies adopted a price-quality method to assess and select proposals that would provide the best value for both consumers and the authorities," said URA and LTA.

They said the consortiums led by ComfortDelGro and Primech A&P have offered competitive charging rates and a sustainable business model.

URA and LTA added that these two consortiums have also committed to delivering a complete suite of services, including the installation, operation and maintenance of EV charging infrastructure, among other proposals.

They said the consortium will pay the Government concession fees ranging between $0.108/kWh and $0.154/kWh for the right to deploy charging points.

ComfortDelGro and Engie said in a joint statement on Friday that they won the tender to install 479 of the 632 metal car charger in the pilot roll-out.

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