Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and a leading EV charging solutions provider, has entered into a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to roll out fast and ultra-fast electric vehicle (EV) charging points across India. This collaboration involves the installation of over 500 EV charging points at various IOCL retail outlets.
Strategic Deployment Across Key Cities and Highways
The EV charging points will be strategically installed in major cities, including Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi. Additionally, the deployment will cover major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and the Golden Quadrilateral. The collaborative effort aims to establish a reliable and expansive intercity charging network, addressing range anxiety for EV owners traveling between cities.
Enhanced EV User Experience and Tech Integration
Mr. Virendra Goyal, Head – Business Development-EV Charging, Tata Power, highlighted the strategic significance of the partnership: “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, contributing to accessibility and inclusivity for a sustainable electric mobility future.” Tata Power is committed to enhancing the EV user experience through tech integration and innovative solutions.
Dual Advantage for EV Users with TATA Power and Indian Oil Apps
EV users will benefit from a seamless charging experience through the ‘Tata Power EZ Charge’ app and the ‘IndianOil e-Charge’ mobile app. These apps enable users to locate and book chargers conveniently.
IOCL’s Vision and Commitment to Sustainability
Shri Saumitra Shrivastava, Executive Director (Retail-N&E) of IOCL, 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 the retail network into complete energy solutions outlets. 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.”
Tata Power’s Leadership in EV Charging Domain
Tata Power has established itself as a leader in the electric vehicle charging domain, boasting a substantial market share of nearly 60%. The extensive nationwide network, reaching more than 420 cities, offers a comprehensive array of charging solutions, including over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations. This network continually expands, underscoring Tata Power’s unwavering commitment to enhancing electric vehicle charging accessibility across the nation.
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