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Erisha E Mobility signs Rs 6,900 crore MOU for Gujarat EV Park

By Guest Author,

Added 05 January 2024

The agreement encompasses an Electric Vehicle Park, Charging Infrastructure, and Green Hydrogen initiatives, promising employment for 9000 individuals.

Erisha E Mobility Private Limited, a pioneer in sustainable energy and electric vehicles, is set to reshape the future of mobility in India through a Memorandum of Understanding (MOU) with the Government of Gujarat.

The MOU outlines a collaborative effort to develop and implement solutions in the field of renewable energy, specifically focusing on Green Hydrogen production and to establish an Electric Vehicle (EV) Park, and deploy 100 state-of-the-art EV charging hubs across Gujarat with the mega investment of Rs 6,900 crore.

Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited, commented, "We are excited to partner with the Gujarat Government in their mission to accelerate the adoption of electric vehicles. Our expertise in electric mobility solutions, combined with the government's commitment to sustainability, will undoubtedly create a positive impact on the environment, accelerate the adoption of Green Hydrogen and drive economic growth."

This Memorandum of Understanding (MOU) was formalised in the presence of Hon'ble Chief Minister, Shri Bhupendrabhai Patel, Government of Gujarat and Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited.

Similar MOUs with the proposed total investment of Rs 6,300 crore have already been signed up with Government of Uttar Pradesh and Uttarakhand in recent past which take Erisha E Mobility Private to the massive investment of Rs 13,200 crore.

The Electric Vehicle (EV) Park proposed in 320 acres with the investment of Rs 1,500 crores, a first-of-its-kind initiative in the region, is poised to become a hub for innovation, research, and development in the field of electric mobility. It will provide a platform for Electric Vehicles manufacturing, ancillary units set up, technology providers, and researchers to collaborate, fostering the growth of the electric vehicle ecosystem in Gujarat. The company is also committed to generate the employment of 5000 persons (Direct + Indirect).

Additionally, the project aims to establish a robust charging infrastructure with the installation of 100 Electric Vehicle charging hubs with the proposed investment of Rs 400 crores, located across the state. This network will ensure convenient access to charging facilities, facilitating the adoption of electric vehicles, and reducing the carbon footprint of transportation in Gujarat.

Erisha E Mobility Private Limited having the European partners in field of Green Hydrogen, envisages to set up the eco system for the Green Hydrogen using the renewable resources of energy with the investment of Rs 5,000 crore and projected employment of 4000 persons (Direct + Indirect) in state of Gujarat.