NEECA Shares Number of Investors Eyeing EV Charging Projects
Thousands of local and international investors have expressed a strong interest in setting up electric vehicle (EV) charging stations across Pakistan, according to the National Energy Efficiency and Conservation Authority (NEECA).
The authority revealed that over 3,800 parties have approached it with plans to invest in the EV charging infrastructure. So far, NEECA has granted licenses for 71 charging stations, out of which around 30 to 35 have already become operational and formally applied for registration. Meanwhile, another 128 applications are currently under review.
Dr Moazaam, Managing Director of NEECA, stated that active communication is taking place with both domestic and foreign companies, with some firms nearing the final stages of completing their paperwork. He noted that the recent government decision to lower electricity tariffs for EV charging stations has significantly boosted investor confidence.
The reduced tariff, aimed at accelerating the transition towards electric mobility, is part of a broader strategy to promote environmentally friendly investments. Dr Moazaam added that once the necessary documentation is completed, licenses are being issued within 15 days.
This simplified licensing process, he said, was deliberately designed to make it easier for businesses to enter the green energy sector. The government hopes that these efforts will speed up the rollout of EV charging stations nationwide, helping reduce dependency on fossil fuels and cut transport-related emissions.
