Tata Power, Indian Oil to rollout over 500 fast EV charging points
ROADS & HIGHWAYS

Tata Power, Indian Oil to rollout over 500 fast EV charging points

Tata Power EV Charging Solutions (TPEVCSL), a division of the Tata Power Group, is collaborating with Indian Oil Corporation (IOCL) to deploy over 500 fast and ultra-fast electric vehicle (EV) charging points throughout India. This initiative, outlined in a Memorandum of Understanding (MoU) between the two entities, aims to fortify the country's EV charging infrastructure.

The planned charging points will be strategically placed in key cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as along major highways including the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and the Golden Quadrilateral.

Virendra Goyal, Head of Business Development-EV Charging at Tata Power, emphasised the strategic significance of the collaboration with IOCL, stating that it is a step towards establishing a robust EV charging network. Leveraging IOCL's extensive presence, Tata Power intends to set up fast and superfast charging points in multiple regions, enhancing accessibility and inclusivity for sustainable electric mobility.

The partnership also aims to elevate the EV user experience by integrating advanced technologies and innovative solutions. EV users will have the advantage of using the ?Tata Power EZ Charge? app and ?IndianOil e-Charge? mobile app for locating and booking chargers.

Representing IOCL, Saumitra Shrivastava, Executive Director (Retail-N&E), shared the corporation's vision to adapt to the growing demand for electric vehicles. He highlighted IOCL's goal of providing 10,000 EV Charging Stations by 2024, transforming retail networks into comprehensive energy solutions outlets. The current count of over 6,000 EV charging stations is set to expand, with the strategic partnership with Tata Power playing a pivotal role in addressing the transformative shift towards sustainable and eco-friendly mobility.

The MoU signing ceremony witnessed the participation of key officials from both organisations, including K Navin Charan, Chief General Manager, Retail Transformation, IOCL; Soumitra Chakraborty, Chief General Manager, Marketing Strategy, IOCL; and Virendra Goyal.

With a significant market share of nearly 60% in the EV charging sector, Tata Power's network spans more than 420 cities and includes over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations. This underscores the company's ongoing commitment to expanding the EV charging infrastructure in India.

Tata Power EV Charging Solutions (TPEVCSL), a division of the Tata Power Group, is collaborating with Indian Oil Corporation (IOCL) to deploy over 500 fast and ultra-fast electric vehicle (EV) charging points throughout India. This initiative, outlined in a Memorandum of Understanding (MoU) between the two entities, aims to fortify the country's EV charging infrastructure. The planned charging points will be strategically placed in key cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as along major highways including the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and the Golden Quadrilateral. Virendra Goyal, Head of Business Development-EV Charging at Tata Power, emphasised the strategic significance of the collaboration with IOCL, stating that it is a step towards establishing a robust EV charging network. Leveraging IOCL's extensive presence, Tata Power intends to set up fast and superfast charging points in multiple regions, enhancing accessibility and inclusivity for sustainable electric mobility. The partnership also aims to elevate the EV user experience by integrating advanced technologies and innovative solutions. EV users will have the advantage of using the ?Tata Power EZ Charge? app and ?IndianOil e-Charge? mobile app for locating and booking chargers. Representing IOCL, Saumitra Shrivastava, Executive Director (Retail-N&E), shared the corporation's vision to adapt to the growing demand for electric vehicles. He highlighted IOCL's goal of providing 10,000 EV Charging Stations by 2024, transforming retail networks into comprehensive energy solutions outlets. The current count of over 6,000 EV charging stations is set to expand, with the strategic partnership with Tata Power playing a pivotal role in addressing the transformative shift towards sustainable and eco-friendly mobility. The MoU signing ceremony witnessed the participation of key officials from both organisations, including K Navin Charan, Chief General Manager, Retail Transformation, IOCL; Soumitra Chakraborty, Chief General Manager, Marketing Strategy, IOCL; and Virendra Goyal. With a significant market share of nearly 60% in the EV charging sector, Tata Power's network spans more than 420 cities and includes over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations. This underscores the company's ongoing commitment to expanding the EV charging infrastructure in India.

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?