Prakriti E- Mobility has signed an agreement with India's leading integrated power utility Tata Power to provide state of the art charging infrastructure to support Prakriti's EV Taxi fleet in Delhi NCR. Prakriti E-Mobility, co-founded by Nimish Trivedi, Vikas Bansal and Rajeev Tiwari, is an app-based Electric Vehicle (EV) taxi service provider
As part of the tie-up, Tata Power will be responsible for designing, procurement, installation & management of all Charging Infrastructure at select locations across Delhi NCR. These chargers alongwith the public chargers installed by Tata Power will be used by Prakriti's fleet of 'EVERA' Cabs for charging their electric vehicles. The first phase of five chargers tol be installed at Jasola, is a part of raod map of upto 50 charging installations to be installed near the Delhi Airport, Gurgaon and North Delhiprogressively with the increase in the Prakriti's fleet of 'EVERA' Cabs.
Commenting on the partnership Mr. Nimish Trivedi, Co-Founder & CEO, Prakriti E-Mobility Private Limited said, "This partnership with Tata Power is extremely important as it will help us tide over one of the major rodblocks towards adoption on Electric vehicles in India – the lack of sound charging infrastructure. We believe that this partnership will not only help in strengthening our plan of rolling out 5000 EV cabs within the next 2 years, but also give a huge boost to the overall EV Environment in India.
Commenting on this Partnership, Mr. Praveer Sinha CEO & MD, Tata Power opined, " EV charging is the future to ensure a cleaner tomorrow and we are happy to see that partners like Prakriti E-Mobility team share our vision."
Speaking on the occasion, Mr.Ramesh Subramanyam CFO and President New Businesses , Tata Power said, "We believe EV fleets have a huge role to play in provide greener, cleaner and healthier mobility solutions for our cities. Such partnerships would be key in our journey to be one stop integrated charging service provider to forms of transport and all categories of user. ."
About Prakriti E-Mobility Private Limited:
Prakriti E-Mobility Private Limited has been established with a goal to start a global revolution in the industry of commercially used electric vehicles (EVs). Though, initiating in India, we thrive to expand our services globally in a bid to combat climate change and reduce the carbon footprint while enhancing the user experience for our customers. Our unique app-based taxi service will not only get customers from Point A to Point B but will also contribute for the greater good of the planet. This app will allow users to book cabs that are all electric. As a result, their journey will give off no emissions and will help reduce the carbon footprint one journey at a time. We have also worked on the short comings of other cab services for to optimize the user experience for customers. Some of our key features include:
- Zero Surge Charge: No amount of traffic or demand will bring about a change in the cost of the journey. As a result, customers can book cabs without worrying about absurd prices.
- Zero Cancellations: Our driver can't cancel the trip and only our customers have the ability to cancel their trip.
- Zero Emissions: As our fleet is all electric, there will be no emissions in their lifespan. As a result, cities will eventually be able to breathe easy without worrying about toxics fumes from exhaust pipes.
About Tata Power:
Tata Power is India's largest integrated power company and, together with its subsidiaries & jointly controlled entities, has an installed capacity of 10,763 MW and a consumer base of more than 5 million. A pioneer in the field, it has a presence across the entire power value chain: Generation of renewable as well as conventional power including hydro and thermal energy; transmission & distribution, trading and coal & freight logistics. With renewable energy assets in solar and wind accounting for 30% of the company's portfolio, Tata Power is a leader in clean energy generation. In line, with the company's view on sustainable and clean energy development, Tata Power is steering the transformation of utilities to integrated solutions by looking at new business growth in EV charging & storage, distributed generation & rooftops, microgrids and home automation & smart meters. Tata Power solar rooftop solutions are now available in 66 cities across the country. The company has also invested in and operates over 100 electric vehicle charging points in 8 cities in India. It partnered with Rockefeller Foundation and has successfully installed microgrids in Bihar, Ladakh, Chhattisgarh and West Bengal providing electricity to rural households. It also has successful public-private partnerships in generation, transmission & distribution in India namely: 'Tata Power Delhi Distribution Ltd.' A joint venture with Delhi Government for distribution in North Delhi; 'Tata Power Ajmer Distribution Ltd.' with Ajmer Vidyut Vitran Nigam Ltd. for distribution in Ajmer; a joint venture with Government of Odisha for power distribution in five electricity circles in the east through the acquisition to Central Electricity Supply Union; 'Powerlinks Transmission Ltd.' with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi; 'Maithon Power Ltd.' with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country's first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. With its 103 years track record of technology leadership, project execution excellence, world-class safety processes, customer care and driving green initiatives, Tata Power is poised for multi-fold growth and committed to 'lighting up lives' for generations to come. Visit us at: www.tatapower.com
