Raj PandeyThe need for ev charging stations is increasing at a rapid pace because India is shifting towards electric vehicles (EVs). If you plan to set up an EV charging station, rest assured as it is not only a great profitable business opportunity, but is also a step towards achieving a green future. If you ever asked yourself, how to open an electric car charging station in India? Well, there are a number of requirements, costs, government policies, and advantages to setting up an EV charging infrastructure.
Table of Contents
1. Why Invest in an EV Charging Station in India?
The Indian Government’s initiative towards 100% adoption of EVs by the year 2030 is the primary reason for the increasing demand for charging stations. Here’s why investing in an EV charging business is a good idea:
Rising EV Market – It is estimated that by 2030, more than 10 million EVs will be in India.
Government Facilities – Subsidy and incentives in FAME II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles).
Better Returns on Investment (ROI) – Charging stations expect to make considerable profits while having very few expenses.
Green Business – Helping in decreasing carbon footprint and the use of fossil fuels.
Learning how to operate an electric vehicle charging station in India will help you profit from this surge in demand and boom your business.
2. Varieties of EV Charging Stations in India
In order to establish a charging station, it is important to familiarize yourself with these three types below:
- AC Charging Stations (Slow Charging)
Utilizes Type 1 & Type 2 connectors Works for homes, malls, office spaces Time taken to charge: 6-8 hours
- DC Fast Charging Stations
Ideal for highways, public spaces, commercial hubs Time taken to charge: 30-90 minutes
- Battery Swapping Stations
Suitable for fleet operators and commercial EVs Helps minimize charging downtime
Your choice will be based on the type of station you want to set up: location, intended customers, and how much money you are willing to invest.
Also Read = Tesla Sales Drop in Europe : What’s Behind the Decline ?
3. How to Start an Electric Car Charging Station in India
If you looking out for how to open an electric car charging station in India, here is step by step guide you can follow:
Step 1: Choose the Right Location
Near highways, malls, parking lots, petrol pumps and metro stations works best.
Key visits by EV owners.
Minimum area of 500 to 1500 square feet.
Step 2: Apply for Necessary Permits and Licenses
To get those, you need to apply to local municipal corporations.
State Electricity Boards clear power connections so get them to approve.
Get registered with the Ministry of Power’s Charging Infrastructure Plan.
Follow directives of the Bureau of Indian Standards (BIS).
Step 3: Buy EV Charging Equipment
Order AC or DC rapid chargers from approved vendors like TATA Power, ABB, Delta, and Exicom.
Bharat EV Charger Standards (Bharat DC-001, Bharat AC-001) must be followed.
Put in place convenient digital payment options.
Step 4: Install the Power Supply Infrastructure
A dedicated electricity supply (33kV or 11kV) is necessary for the EV charging stations.
Operational costs can be lowered by solar panels or battery storage as back-up power service.
High load capacity DC chargers must be installed where needed.
Step 5: Contract with EV Charging Aggregators
Work with:
TATA Power EZ Charge
Charge Grid by Magenta
Fortum Charge & Drive
EESL (Energy Efficiency Services Limited)
These platforms aid in acquiring more customers by way of mobile applications and subscription-based billing services.
Step 6: Determine Prices and Charge Methods
Price of charging falls between ₹8-15 per kWh, depending on the cost of electricity in the state.
Sell subscription, pay-as-you-go, and corporate fleet user accounts.
Cashless payments through UPI, credit or debit cards, and e-wallets are accepted.
Step 7: Market Your EV Charging Station
Claim your charging station on Google Maps for better customer acquisition.
Collaborate with nearby shops, malls, and hotels to improve branding.
Post marketing on social platforms to reach the audience using EVs.
Your EV charging station should be ready for commercial operations after these steps are done!
4. Financial Projection and Cost Breakdown
Here is a cost breakdown for setting tup an EV charging station:
| Component | Estimated Cost (INR) |
|---|---|
Land Lease / Purchase |
₹10 – ₹50 lakh |
AC Charger Setup |
₹1.5 – ₹2 lakh per unit |
DC Fast Charger Setup |
₹10 – ₹15 lakh per unit |
Electricity Connection & Transformer |
₹5 – ₹10 lakh |
Software & Payment Integration |
₹50,000 – ₹1 lakh |
Branding & Marketing |
₹1 – ₹3 lakh |
Miscellaneous Expenses |
₹2 – ₹5 lakh |
Total Investment: ₹15 lakh – ₹1 crore+ (depending on scale & location).
💰 Profit Potential:
If you charge ₹10 per kWh, and an EV takes 30 kWh per charge, you make ₹300 per full charge.
If 50 vehicles charge daily, revenue = ₹15,000 per day (₹4.5 lakh per month).
Great ROI in 2-3 years, making this a highly profitable business.
5. Government Incentives & Subsidies
To promote the EV ecosystem, The Government of India provides a set of different incentives:
✔ FAME II Scheme – Provides subsidy on EV chargers & infrastructure development.
✔ GST Reduction – EV charging is taxed at 5% instead of 18% GST.
✔ State-Level Schemes – Delhi, Maharashtra, Tamil Nadu, and Karnataka provide capital subsidy for installing EV charging stations.
Browse state’s EV policies to help lower expenses and gain more rewards benefits. Our guide can help you understand state-wise policies.
6. Conclusion: Is Opening an EV Charging Station a Good Business?
Absolutely! If you are in search of sustainable, future ready, high return investment businesses, then “how to open an electric car charging station in India” is indeed a lucrative venture.
Summary of Important Points:
✅ The initial outlay is 15 lakh rupees, while the returns will start coming in 2 to 3 years time.
✅ There are subsidies from the Government, which makes it easier to install the charging units.
✅ There is growing adoption of EVs, which guarantees steady business.
✅ Effective location and business network can increase the profit margin.
There is a great opportunity to invest in the mobile future, thus don’t miss your chances to set up an EV charging station in India! 🚗⚡
