Kazam flags rapid EV public-charging growth across UP, Karnataka and Telangana
India’s public EV-charging electricity consumption reached 1,558.69 MU in FY26, up from 465.85 MU in FY24. Kazam expects demand to rise to 2,500–3,000 MU in FY27 as fleet electrification and charger deployment accelerate, with Uttar Pradesh emerging as a fast-growing hub.
What happened
Kazam · India's EV public-charging electricity use reached 1,558.69 MU in FY26, with Uttar Pradesh, Karnataka and Telangana emerging as fast-growing charging
Key facts
- 1,558.69 MU EV public-charging electricity consumption in FY26
- 465.85 MU in FY24
- Uttar Pradesh's share rose to 5.12% in FY26 from below 1% before FY24
- FY26 consumption was roughly 3.3x FY24
- about 83% CAGR over two years
- FY27 public-charging consumption projected at 2,500-3,000 MU
Why this matters
The rapid rise in charging consumption increases the strategic value of partnerships or acquisitions involving charger operators, fleet platforms, utilities and high-traffic real-estate owners in leading state markets.
What to watch
- FY27 public-charging consumption tracking toward or above Kazam's 2,500–3,000 MU forecast.
- State-level EV registrations and commercial-fleet electrification rates in Uttar Pradesh, Karnataka and Telangana.
- Distribution-company timelines and tariffs for new high-load commercial connections, including demand charges and transformer-upgrade requirements.
- Fast-charger utilization rates, uptime, queue times and repeat-user behavior at retail-adjacent sites.
- Government incentives, municipal parking rules and highway/urban charging mandates that lower site-acquisition or power-infrastructure costs.
- Evidence that charging customers deliver higher store conversion, basket value or visit frequency than non-charging customers.
- Prioritize charger partnerships at high-dwell retail locations in Uttar Pradesh, Karnataka and Telangana, beginning with stores near highways, dense residential catchments and fleet corridors.
- Bundle charging with loyalty rewards, parking validation, meal offers and time-bound store coupons to measure incremental basket size rather than treating chargers solely as a real-estate amenity.
- Secure long-term power procurement, rooftop solar and battery-storage options at large sites to reduce peak-demand exposure and improve charging margins.
- Create separate site formats for consumer fast charging and fleet/depot charging; fleet contracts require predictable uptime, dedicated bays and overnight charging capacity.
- Track charger utilization by hour, charging-session dwell time, conversion to store visits, incremental gross margin and local grid-upgrade costs before network-wide rollout.