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EDE microproject - EDE

Information Technology (University of Delhi)

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Micro Project Report

On

“Business Plan of EV Station”

Submitted By

1. Shraddha Gidde

Under Guidance of

Mr.D.W.Chinchkhede

Diploma Course in Information Technology

(As per directives of I Scheme, MSBTE)

Sinhgad Institutes

Sinhgad Technical Education Society’s

SOU. VENUTAI CHAVAN POLYTECHNIC, PUNE - 411041

ACADEMIC YEAR 2022 - 23

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Maharashtra State Board of technical

Education Certificate

This is to certify that Ms. Shraddha Gidde with Roll No. 01 of

Fifth Semester of Diploma in Information Technology of
Institute Sou. Venutai Chavan Polytechnic (Code: 0040) has
successfully completed the Micro-Project in Entrepreneurship
Development (22032)for the academic year 2022-2023.

Place: SVCP, Pune Enrolment No: 2000400070

Date: Exam Seat No:

Mr. D.W.Chinckhede Mr. U.S. Shirshetti Dr. M.S.Jadhav

Subject Teacher Head of Department Principal

Annexure - I

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Part A-Micro project proposal

1.BRIEF INTRODUCTION:

An electric vehicle charging station is equipment that connects an electric vehicle (EV) to a source of
electricity to recharge electric cars, neighborhood electric vehicles and plug-in hybrids.

2.AIM OF THE PROJECT:

This Micro project aims that the” Business Plan of Electric Vehicle”.is aimed at studying
on different renewable energy resources.

3.. INTENTED COURSE OUTCOME:

1.Use basic management principles to execute daily activities.

2.Use principles of planning and organizing for accomplishment of tasks.
3.Use principles of directing and controlling for implementing the plans.

4. LITERATURE REVIEW:

Conserving energy efficiently is becoming a challenging problem around the globe, specifically in
developing countries. One main reason is the lack of awareness of end users (or consumers) about the
usage of new and emerging techniques and technologies which can be helpful in mitigating the a for
mentioned problem. This paper will present the state-of-the-art technologies that have been proposed
in the literature related to enable solutions for energy conservation. This paper also highlights the
details of infrastructure and communication models used in the literature for implementing such
enabled applications. Based on the existing literature, this paper mentions areas that need more
attention and can serve as open issues or gaps for future research

5.PROPOSED METHODOLOGY:

This methodology applies to the charging of electric vehicles (EVs) through EV charging
systems, including their associated infrastructure, whose GHG emission reductions are
achieved through the displacement of emissions from conventional fossil fuel vehicles used
for passenger and freight transportation as a result of the electricity delivered by the project
chargers

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6.RESOURCES REQUIRED:

Name of Resource
Sr . No. Specification
Required
1 Laptop Intel(R) Core i7- 16GB RAM
2 Operating system Windows 11
3 Software Word

7. ACTION PLAN:

Date
SR.NO. DETAIL OF ACTIVITY
1 Discussion and finalization of topic 03-9-22

08-9-22
2 Preparation and submission of Abstract

3 Literature Review 16-10-22

21-10-22
4 Collection of Data

5 Discussion and outline of Content 10-11-22

6 Editing and proof Reading of Content 17-11-22
5-12-22
7 Compilation of Report and Presentation
13-12-22
8 Final submission of Micro Project

GROUP MEMBERS:

Sr.no Name of group members

01 Shraddha Gidde

Annexure II

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Part B- Micro-Project
Rationale
Globalization, liberalization and privatization along with revolution in information
technology have opened up new opportunity transforming lives of masses. In this context,
there is immense opportunity of establishing manufacturing, service, trading, mark and
consultancy enterprises by diploma engineer. Our fast growing economy provides ample
scope for diploma engineers to succeed as an entrepreneur. Entrepreneurship requires distinct
skills sets which are attempted to be developed through this course. To begin with, this
course aims to develop the competency and the related outcomes in order to start small
enterprise..

Actual Method Followed

The process for this micro project is to make a power point presentation showing business
plan on Electric
Vehicle Charging Station. We collect information and organize by following
points:
1. Collect the information on business plan.
2. Collect the information on charging station.
3. Show the information to faculty.
4. Learn about business.
5. First make a raw report and then correct it.
6. After all the corrections make a proposal.
7. Then prepare a report on business plan on Electric Vehicle Charging Station.
8. Make a power point presentation on the business plan.
9. Make pdf of report and print it.
10. We learn more about business.

Actual Resources Used

Name of
Sr. No. Resource Specification
Required
1 Book Entrepreneurship
Development
2 Website https://www.indiastudychannel.com/resources/180306-how-
to-start-an-ev-charging-station-business-in-india

ANNEXURE III

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Evaluation Sheet for the Micro Project

Academic Year: 2022-2023 Name of the Faculty: Mr.D.W.Chinchkhede
Course: TYIF Course Code: 22032
Semester: Fifth
Title of the Project : Business Plan on Electric Vehicle.
COs addressed by Micro Project:
S. No Course Outcomes
A Use the support system to zero down to your business idea.
B Develop comprehensive business plan.
Major learning outcomes achieved by students by doing the project
(a)Practical outcome:

(b)Unit outcomes in Cognitive domain

1. Explain the given terms related to Entrepreneurship
2. Prepare the budget for the given venture
3. Describe support system required for specified enterprise.
(c) Outcomes in Affective domain:

1. Function as team member

2. Follow Ethics

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

any)
…………………………………………………………………………………
Marks out of 6 Marks out of 4
Rol Name of the Student for performance for performance Total Marks
l in group activity in oral/ out of 10
No (D5 Col.8) presentation
(D5 Col.9)
1 Shraddha Gidde

(Name & Signature)

Business Plan on Electric Vehicle Charging Station.

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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. EV Charging infrastructure refers to the ability to charge an electric
car from an electrical facility. This is precisely how fuel pumps seemThe need for EV
charging stations is always rising, and in the next few years, when the majority of
vehicles will be electric, the demand will skyrocket.Furthermore, the demand for electric
chargingstations will rise, as forecasted by the Indian governmentThe Indian government
has taken an active role in promoting green mobility. The effort will undoubtedly have an
influence on the motor industry in the coming years. In fact, analysts believe that there
will be a lot of possibilities in the two and three-wheeler areas in the futureBy 2030,
utilization of EV two and three-wheelers are predicted to increase by 70-80 percentAs
various EV regulations were released by the State and Central Governments last year a
prospective entrepreneur may surely investigate the chance to start up an EV charging
station company in India, providing he/she fits certain conditions.

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.

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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).

Advantages to start EV Charging Station Business Plan in India

 Finance Minister Nirmala Sitharaman announced in the 2019-20 budget an extra

tax exemption of Rs 1.5 lakh on interest payable obtained to purchase EVs.

 The government has announced the comeback of hybrid electric systems or

electric kits into automobiles, as well as the procedure for approving electric
vehicles, to stimulate the use of electric vehicles.

 Electrification will aid in the reduction of automotive emissions, a major

contributor to air pollution that costs the economy an average of 3% of its GDP
each year.

 The National Electric Mobility Mission Plan (NEMMP) 2020 and the Faster
Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) schemes
were both established with the goal of transitioning autos to an all-electric future
by 2030.

 During the years FY2018-FY2023, the electric vehicle market in India is expected
to develop at a CAGR of over 37%.

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 It is predicted that by 2022, the manufacture of electric cars and their components
would account for a quarter of India’s GDP.

 EV charging stations have been mandated by the Indian government every three
kilometers in cities, 25 kilometers of highways, and 100 kilometers of highways
for heavy-duty vehicles.

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.

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• 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:

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• 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.

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• Panasonic.

• Charge + Z.one.
• NDPI Electric India Pvt. Ltd.
• EV Plug India.

Conclusion:

We conclude that, for a successful business start-up plan is very necessary. The progress
that the electric vehicle industry has seen in recent years is not only extremely welcomed,
but highly necessary in light of the increasing global greenhouse gas levels. As
demonstrated within the economic, social, and environmental analysis sections of this
webpage, the benefits of electric vehicles far surpass the costs. The biggest obstacle to the
widespread adoption of electric-powered transportation is cost related, as gasoline and the
vehicles that run on it are readily available, convenient, and less costly. As is demonstrated
in our timeline, we hope that over the course of the next decade
technological advancements and policy changes will help ease the transition
from traditional fuel-powered vehicles. Additionally, the realization and success of this
industry relies heavily on the global population, and it is our hope that through mass
marketing and environmental education programs people will feel incentivized and
empowered to drive an electric-powered vehicle. Each person can make a difference, so go
electric and help make a difference!

References:
https://www.e-startupindia.com/learn/how-to-start-ev-charging-station-business-plan-in-
india/
https://www.pluginindia.com/blogs/cost-estimates-and-revenue-model-for-a-public-charging-
station-pcs
https://aevt.org/wishlist/ev-charging-station-business-plan-in-india

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