Press release titled "Megacharge partners with National Highways for Electric Vehicles (NHEV) for India''s 5,500 km E-Highway Network"
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MegaCharge, the EV charging arm of Mega Nirman & Industries Ltd, has announced a strategic partnership with the National Highways for Electric Vehicles (NHEV) to deploy 660 EV charging points across India's 5,500 km e-highway network spanning 26 national highways in 14 states. The NHEV initiative aims to establish a robust intercity EV charging backbone by 2030 under the Annuity Hybrid E-Mobility model. This aligns with MegaCharge's vision of building 5,000 scalable EV charging points across India by 2030. Currently, MegaCharge has deployed over 20 charging points in Delhi and recently expanded to Kanpur. The company emphasises this filing is for reference only and does not constitute a mandatory SEBI disclosure under Regulation 30.
This partnership positions MegaCharge as a key player in India's EV infrastructure landscape and supports government sustainability goals. While the company is small with only 20+ deployed points, winning a contract for 660 highway charging points represents significant potential growth and diversification into national infrastructure.