Tata Power and Indian Oil Partner To Set up 500 EV charging Points By CIOTechOutlook Team

Tata Power and Indian Oil Partner To Set up 500 EV charging Points

CIOTechOutlook Team | Tuesday, 12 December 2023, 03:32 IST

Tata Power announced the signing of a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to deploy more than 500 fast and ultra-quick electric vehicle (EV) charging points across India.

Tata Power will construct EV charging stations at numerous IOCL retail locations. These EV charging outlets would be constructed in important cities such as Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as major routes such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and Golden Quadrilateral.

This strategic collaboration focusses on building a reliable and expansive intercity charging network which will help alleviate range anxiety for EV owners travelling between cities, as per livemint.

"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," Virendra Goyal, Head -Business Development-EV Charging, Tata Power, said.

EV users will benefit from a smooth EV charging experience via the 'Tata Power EZ Charge' app and the 'IndianOil e-Charge' mobile app, which can be used to locate and reserve chargers at their leisure, according to Tata Power.

Saumitra Shrivastava, Executive Director (Retail-N&E) expressed the Corporation’s commitment to adapting to the rising trend of electric vehicle penetration. "IOCL envisages to provide 10,000 EV Charging Stations by 2024 transforming retail network to complete energy solutions outlets. With more than 6,000 EV charging stations at present, the company plans to keep expanding its reach. Our strategic partnership with Tata Power is poised to play a pivotal role in responding to this transformative shift. We at IOCL are geared up to overcome challenges and capitalize on opportunities in this area, ensuring a seamless transition towards a more sustainable and eco-friendly mobility paradigm."