Current Affairs - Business - Discussion

Essel Infraprojects Ltd, (EIL) has launched Electric Vehicle charging and battery swapping infrastructure initiative under Essel Green Mobility Limited in Lucknow. Essel Infraprojects is planning to invest Rs.1,750 crore on this project. Under the project, EIL has initiated 250 charging stations, 1,000 battery swapping stations in 20 cities of Uttar Pradesh. EIL will also invest in the deployment of 25,000 e-rickshaws simultaneously. This will create around 50,000 job opportunities.