As part of its push into the EV charging business, Marine Electricals (India) has entered into a Revenue Sharing Agreement with Pune Municipal Corporation (PMC) for supply, installation, testing, Commissioning, Operation, and Maintenance of EV charging stations at around 80 to 90 prominent designated locations within Pune municipal limits to provide charging facilities to the general public.
The Charging Stations shall be managed and maintained by Evigo Charge - (98.88% Subsidiary Company) on chargeable basis. The profit sharing shall be 50% between the Marine Electricals (India) and PMC. The term of this Agreement shall be for a period of 8 years.
Marine Electricals is one of the leading players offering comprehensive electrical solutions to Marine Segment as well as other Industries.
| Company Name | CMP |
|---|---|
| Havells India | 1305.85 |
| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
| View more.. | |
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