📷 Image: Wikimedia Commons / Snehrashmi
Business
Vadodara Firm Wins $1 bn Deal to Install 1,000 EV Chargers on National Highways
✍️ Bhaskar English
🗓 11 Sep 2026, 02:03 AM
👁 3
A Vadodara-based company has secured contracts worth about US$1 billion to set up 1,000 electric‑vehicle charging stations along India’s national highway network.
A firm headquartered in Vadodara has been awarded energy contracts valued at roughly US$1 billion to develop a network of 1,000 electric‑vehicle (EV) charging stations across the country’s national highway corridors. The project aims to expand charging infrastructure for EVs, supporting the government’s push for greener mobility on major roadways. The contracts cover the supply, installation and operation of the charging points, though specific timelines and partners have not been disclosed. Industry observers note that the scale of the deal reflects growing investor confidence in India’s EV ecosystem. The initiative is expected to enhance long‑distance travel options for electric vehicles and contribute to the nation’s climate goals.
The firm, based in Gujarat’s commercial hub of Vadodara, will coordinate with highway authorities and power utilities to ensure seamless integration of the charging network. While details of the financing structure remain confidential, the US$1 billion figure underscores the magnitude of the investment required to meet projected EV demand. Stakeholders anticipate that the rollout will create ancillary jobs in construction, maintenance and service sectors.
The development aligns with recent policy measures encouraging private sector participation in EV infrastructure. By focusing on national highway corridors, the project targets high‑traffic routes, potentially reducing range anxiety for drivers and encouraging wider adoption of electric vehicles across the country.
The firm, based in Gujarat’s commercial hub of Vadodara, will coordinate with highway authorities and power utilities to ensure seamless integration of the charging network. While details of the financing structure remain confidential, the US$1 billion figure underscores the magnitude of the investment required to meet projected EV demand. Stakeholders anticipate that the rollout will create ancillary jobs in construction, maintenance and service sectors.
The development aligns with recent policy measures encouraging private sector participation in EV infrastructure. By focusing on national highway corridors, the project targets high‑traffic routes, potentially reducing range anxiety for drivers and encouraging wider adoption of electric vehicles across the country.