Erisha E-Mobility Pvt Ltd announced the investment of an estimated INR 6,900 Crore in Gujarat for green hydrogen and Electronic Vehicle initiatives on Thursday, January 04. The New Delhi-based firm has signed a MoU (Memorandum of Understanding) with the Gujarat Government for the project that is anticipated to generate nearly 9000 job opportunities.
Under the proposed investment, Erisha E Mobility will develop these projects in a joint venture to Explore, Develop, and Implement innovative solutions in the renewable energy sector, focusing on green hydrogen production. The company envisages setting up the ecosystem for green hydrogen with an estimated investment of INR 5,000 Crore.
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The MoU also outlines establishing an EV Park to deploy 100 state-of-the-art EV Charging hubs across Gujarat. This will be developed in alignment with the state government’s mission to accelerate the adoption of electric vehicles.
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