MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

GURU GOBIND SINGH POLYTECHNIC NASHIK

MICRO PROJECT
Academic year: 2021-22

TITLE OF PROJECT
BUSINESS MODEL ON EV CHARGING STATION

Program: Computer Engineering

Program code: CO

Course: Entrepreneurship Development

Course code: 22032
 MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

Certificate
This is to certify that Mr. /Ms.

Sr. No Name of Group Members Roll No. Enrollment No. Seat No.

1 SHIVAM SURYAWANSHI 21 1903690097

2 YASH SHIRODE 96 1903690391

TANAY TORNE 98 1903690393

3
ZAID SHAIKH 89 1903690384
4

HASHIR KHAN 86 1903690381

5

of sixth Semester of Diploma in Computer Engineering of Institute Guru Gobind Singh Polytechnic Nasik

(Institute Code: 0369) has completed the Micro Project satisfactorily in Subject – Entrepreneurship

Development (22032) for the academic year 2021-2022 as prescribed in the curriculum.

Place: Nashik Date:

[Link] [Link] [Link]

Subject Teacher Head of the Dept. Principal
 ANNEXURE II
Evaluation Sheet for the Micro Project
Academic Year: 2021-22 Name of the Faculty: Mrs. Kiran Borade

Course: Entrepreneurship Development Course code: 22032

Semester: VI

Title of the Project: BUSINESS MODEL ON EV CHARGING STATION

Cos addressed by Micro Project(Tick √)

(Tick √)
CO. NO Course outcomes Which is
applicable
CO1 a. Identify your entrepreneurial traits.
CO2 b. Identify the business opportunities that suits you.
CO3 c. Use the support systems to zero down to your business idea.
CO4 d. Development comprehensive business plans.
CO5 e. Prepare plans to manage the enterprise effectively.
Major learning outcomes achieved by students by doing the project

Comments/suggestions about team work /leadership/inter-personal communication (if any)

 Marks out of 6 for Marks out of
performance in 4for performance
Roll No Student Name group activity in Total out of 10
(D5 Col.8) oral/
presentation
(D5 Col.9)

21 SHIVAM
SURYAWANSHI
96 YASH SHIRODE
98 TANAY TORNE
89 ZAID SHAIKH
86 HASHIR KHAN

Kiran Borade
(Name & Signature of Faculty)
 Business Plan on Electric Vehicle Charging Station.

EV charging station, repair workshop and home charging station set up is undoubtedly a great proposal.
Electric vehicle (EV) charging companies are mushrooming ceaselessly. With the increased awareness about
the environment and the introduction of electric vehicles (including e-cars and e-scooters), electric vehicle
charging stations are on the list of top business opportunities in India for the decade. Likewise opening a
petrol pump or starting a biofuel station has an endless and everlasting business scope in India as well as
across the globe, EV charge stations are on their trail of capturing the global market in the upcoming years.

What does an EV charging station do?

First of all, let's clarify the services provided by an EV charge station. You might have seen electric two-
wheelers, cars, and e-rickshaws running on the city roads. But from where these vehicles get themselves
charged? Some people charge their e- vehicles at home. Like in the case of Tata Nexon EV, the company
itself installs the charging set-up at home without charging any additional fees. But all establishments don't
have a dedicated charging point at the parking lot with required essential security features. A number of
charging stations are required to provide on-road charging services.

Cost of setting up an EV charge station:

The cost of starting an EV charging station is very low as compared to other business set-ups. The
government of India has declared that no license is required for setting EV charging infrastructure, provided
that it complies with the standards as laid down by the 'Ministry of Power'. Thus, no separate license is
required for transmitting, distributing, or trading electricity for the purpose of charging batteries of electric
vehicles Thus, the cost of starting EV charge stations includes only set up cost which consists of the cost of
chargers, electricity, software, infrastructure, advertisement, manpower, and maintenance. On average, the
cost of setting an EV charging point is between Rs. 1,00,000 and Rs. 45,00,000 depending upon the types of
chargers you are going to install. Basic cost charges included are the cost of new electricity connection, civil
work, technicians and staff, maintenance, advertisement, promotions, EVSE management software &
integration, and land lease (if any).
Types of EV chargers:

There are three types of EV chargers:

• Type 1- It is a single-phase plug which can charge power level of up to 3 kw. It slowly charges the
vehicle from a home charging point converting AC power to DC.
• Type 2- It is a three-phase plug with the capacity to handle power level between 7.4 kw and 43 kw
with a 400 volt AC power supply. This type of charger is compatible with both AC and DC charging
systems as well as with vehicles with CCS plugs.
• Combined Charging System (CCS)- As the name suggests, these charges have the capability to
handle Type 1 AC charging as well as Type 2 DC fast charging. Combo charges can handle power
input of up to 350 kw.
• Chademo charger- It is a rapid charger with power input of up to 400 kw by 1000 V, 400 A direct
current. Chademo is an abbreviation of 'Charge de Move' and is widely accepted by over 70
countries across the sphere.
• GB/T charger- This type of charger is recommended by government of India. Bharat DC 001
standard provides power output of 15 kw/ 72-200 V while Bharat AC 001 provides output of 10 kw/
230 V.

Step- by-step guide to start EV charging business:

Electric car charging station business opportunity is amongst the top business models in India. The number
of electric vehicles running on the roads is significantly more than the number of EV charge stations on the
roads. Some state governments have even declared to compulsory install charging stations in commercial
and residential complexes, and to reserve a specific percentage for electric vehicles in such complexes.
Here's all you need to know before starting an EV charging station in your city.
As already mentioned, you do not need any license from the government to start this venture. But we
suggest you to check if your state government demands any local certifications. All you have to look for is
the minimum infrastructure required for setting EV Public Charging Station (PSA).

Equipments required:

• A transformer with subsequent substation.

• Civil works as required.
• Sufficient parking space.
• Minimum five ISO- certified charger types/ machines.
• Minimum required safety equipments.
• A 33/11 KV cable with required equipment for metering and/ or termination.
Is it profitable to start an EV charging business?

EV home charging and public charging setup business are one of the best business opportunities in India.
Though the customer category still relies and depends upon the traditional auto industry, EV automobile
industry is the next generation preference. The government has also taken various initiatives to promote the
sale of such vehicles. GST on electric vehicles and their batteries has been reduced to 5%. Income tax
benefits are provided up to Rs. 1,50,000 on the interest rate paid on their loans. Other than this, state
governments provide additional benefits, like exemption on road tax, registration fees, stamp duty,
electricity tax etc. It is unquestionably understandable that increased sales of such vehicles will demand
more number of charging points. Secondly, the government has issued infrastructure guidelines making it
compulsory to set an EV charging station at a distance of every 3 km in cities and 25 km on national
highways on both sides. It has also been made clear that there should be such stations for long-range and
heavy-duty vehicles at every 100 km on both sides of highway roads. But practically, our infrastructure
doesn't have even 1% of the stations required. Also, the government of India has invited bids from
companies as it is planning to install over 1000 EV charging stations by the year 2023. So, if you are a
prudent far-sighted entrepreneur with enough investment and patience, then EV charging stations are a good
setup to invest in.

EV charging station franchisee in India:

You can also get dealership and join hands with a reliable partner for this infrastructure. Some of the big EV
charging stations franchisee opportunity providers are:

• Tata Power.
• Panasonic.
• Charge + [Link].
• NDPI Electric India Pvt. Ltd.
• EV Plug India.

Conclusion:

We conclude that, for a successful business start-up plan is very necessary.