Green push: YEIDA set to allot 20,000 sqm to EV charging firm

• TNN

• Published On Jan 5, 2026 at 12:36 PM IST

Noida: Yamuna Expressway Industrial Development Authority (YEIDA) has issued a letter of intent to Neenjas Electric for a 20,000 sq metre plot in Sector 8D to set up a mega facility. The company develops advanced electric vehicle charging solutions, including on-board and non-on-board chargers, IP-rated EV chargers and AC-DC power converters. The company will invest approximately ₹169 crore in the project.The Authority’s CEO, Rakesh Kumar Singh, said the allotment would give a boost to the ‘Make in India’ initiative and strengthen the country’s electric vehicle infrastructure. The site will serve as a hub for the company’s expansion in advanced EV technology and renewable energy storage solutions. The project will focus on large-scale manufacturing of onboard EV chargers and solar power banks.The company plans to develop onboard chargers tailored to Indian conditions and manufacture solar power banks designed to enhance energy self-reliance for the common man.

Officials said that the project is expected to create employment opportunities for locals and solidify Greater Noida’s position as a global hub for green technology manufacturing.

With the upcoming Noida International Airport in Jewar, investing in an industrial plot is widely seen as a strong long-term investment opportunity. Proximity to an international airport reduces transportation time and logistics costs, making the area highly attractive for manufacturing units, export-oriented industries, warehousing, e-commerce, and cold-chain businesses.