Where
Angels fear to
tread !
Just came across following news in Economic Times ( 18
June ) :
Highlights :
* There are
already 57,000 State-run
retail outlets
* 6,000 pumps
are run by private companies
* HPCL
/ BPCL / IOC to appoint new dealers after 4 years
MY TAKE :
* Investment in
existing 57,000 pumps is approx. Rs 6.5 LAKH*CRORE
* At this rate
, those 25,000 NEW petrol pumps might need an investment of Rs 3
LAKH*CRORE
* Such a huge
proposed investment on part of HPCL / BPCL / IOC , seems awfully risky
in light of the following developments around the corner :
# India is on a crash course to switch over to
Electric Vehicles by 2030
( 6
million by 2022 )
# Indian Auto Industry is planning an
investment of Rs 58,000 crores in the next
2years ( mostly for manufacture
of EV / Lithium-ion Batteries and Battery
Charging Stations )
# ABB has announced a Battery Flash Charging Technology which can fully recharge
a battery in 8 minutes or even 5 minutes !
As fast as filling up your
tank with petrol !
[ Ref : We
have fast-chargers, come up with better batteries: ABB to manufacturers
https://www.thehindubusinessline.com/news/we-have-fast-chargers-come-up-
with-better-batteries-abb-to-manufacturers/article24186896.ece
]
# Indian and Foreign manufacturers have come up
with Battery Charging Stations
which
draw their power from their own Solar Panel covered roof !
[ https://myblogepage.blogspot.com/2018/05/roof-top-solar-better-alternative.html
]
# Ashok Leyland, in collaboration with PHINERGY ( www.Phinergy.com
) of Israel , is
working
on Electric Vehicles powered by
Metal-Air ( Alu ) batteries which do NOT
require
re-charging like the Lithium-ion Batteries !
https://myblogepage.blogspot.com/2018/01/ashok-leyland-is-not-waiting.html
# And last , but not least ,
some companies are frantically working to come up with
Electric Cars which need no Battery
Charging Stations !
These cars have roof tops which are covered with
Solar Panels , which
continuously
charge a small Lithium-ion Battery !
And such a car costs no more than Rs 12.6 Lakhs , what EESL
paid to TATA and
M&M
for traditional Electric cars ( yet to be delivered since some ministries
have
not found time in last 12 months to lay
down the “ specifications “ for those battery
charging stations ! )
I urge our Policy Makers to give up the
idea of “ Traditional TESLA type Electric Cars
“ and encourage Indian Manufacturers to
go for SONO type cars
By modifying the FAME Scheme subsidy as follows :
*
For TESLA type traditional cars > Existing Rs 1.4 lakh
*
For SONO type solar roof top cars
> Rs 5 lakh
This simple measure will ensure no need
for Battery Charging Stations !
There is no better way to divert that
Rs 3 Lakh*crore ( for 25,000 new Petrol
Pumps ) than to use it for the enhanced
subsidy as described above !
[ Ref : https://sonomotors.com/sion.html/
https://myblogepage.blogspot.com/2018/02/holy-grail-for-electric-vehicles.html
If you are wondering why petrol
prices in India are nearly DOUBLE of those in our
neighbouring countries, now you
have the answer !
19 June 2018
www.hemenparekh.in
/ blogs
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