NHEV has entered in its construction and allocation phase post-closing Rs. 3672 Cr funding and securing the credit – outlay required for the construction phase in January 2024. Followed by opening threads of conversations with Power & Petroleum PSUs to collect their affirmation and letter of confirmation to own 30% approximate 40 charging stations once when their construction are completed from bank credit outlay and they are ready for handover with 30% minimum guaranteed utilisation contracts and revenue from monetisation of various other assets at station.