Tata Power, Indian Oil Corp tie up to deploy over 500 EV charging points across India
Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said.
Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers, and the IOCL have signed a memorandum of understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV) charging points across India.
These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral.
This strategic collaboration focuses on building a reliable and expansive intercity charging network which will help alleviate range anxiety for EV owners travelling between cities.
Virendra Goyal, Head -Business Development-EV Charging, Tata Power, said, «Our partnership with IOCL is a strategic move towards establishing a robust EV charging network in the country.
Leveraging IOCL's extensive presence, Tata Power will set up fast and superfast charging points in multiple regions.»
The EV users will have a dual advantage of a seamless EV charging experience through the 'Tata Power EZ Charge' app and 'IndianOil e-Charge' mobile app that can be used to locate and book the chargers at their convenience.
Representing IOCL, Saumitra Shrivastava, Executive Director (Retail-N&E)expressed the Corporation's commitment to adapting to the rising trend of electric
