Financial Analysis of Charging station (FACt): A tool for easy financial evaluation of public charging infrastructure deployment in India

Abstract

The MS-Excel-based tool ‘Financial Analysis of Charging station (FACt)’ (the “Tool”) has been developed to help build an understanding of the business case for rolling out public charging infrastructure for electric vehicles (EVs) in the Indian context. It is a flexible, transparent, and user-friendly solution to the problem of conducting a quick preliminary assessment of the financial justification for setting up a public charging station. The wide-ranging outputs from the Tool provide a well-rounded view of the financials of a public charging infrastructure project, including the project cost composition and the possible impact of various factors on the return. Currently, there is no publicly available open access application-based solution, made for the Indian market, that achieves the stated goals of FACt.