Please find the enclosed Press Release / Media Release in relation to AHAsolar Technologies Limited partners with Savvy Realty to Deploy Advance EV Charging Infrastructure at GIFT City
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Ahasolar Technologies has partnered with Savvy Realty Creators LLP to set up EV charging infrastructure at GIFT City, Gandhinagar, on a Build-Own-Operate (BOO) basis for 10 years starting September 2025. The deployment includes 15 charging points — one 30 kW DC portable fast charger, 11 AC fast chargers (7.5 kW each), and 3 AC slow chargers (3.3 kW each) — at Savvy Group's Pragya II commercial building, serving office employees and visitors. Ahasolar will act as the exclusive Charge Point Operator (CPO) handling installation, operations, and maintenance. The partnership introduces two innovations: India-made portable wheel-mounted fast chargers with a 20-meter cable span to address blocked bay issues, and direct UPI-based payments eliminating the need for dedicated apps. No contract value or revenue impact figures have been disclosed.
This is a strategic entry into the EV charging infrastructure space and expands Ahasolar's clean energy portfolio beyond solar. While the long-term 10-year BOO model offers recurring revenue potential, the lack of disclosed contract value or financial details limits assessment of materiality for shareholders. Watch for further updates on revenue contribution and scaling of similar deployments.