NEW DELHI, Feb. 5 -- India has more than halved the benchmark prices of public electric vehicle (EV) chargers and enhanced their charging capacity, in a move aimed at expanding green mobility and enabling longer driving ranges across the country, two people aware of the matter said.

EV charging point operators said that this sharp reduction in the benchmark cost could also lower subsidy claims. This is expected to ease the overall fiscal burden on the government while accelerating the pace of charger deployment.

The ministry of heavy industries (MHI), in consultation with the ministry of power, has slashed the costs of these EV chargers, also known as EV supply equipment (EVSE), from the earlier 2022 benchmarks. Earlier, a 50-kilowatt (...