Tata Power and IOCL To Expand India's Electric Vehicle Charging Infrastructure
Tata Power and Indian Oil Corporation Limited (IOCL) have inked a Memorandum of Understanding (MoU) to deploy more than 500 fast and ultra-fast EV charging points across the country.
The collaborative effort seeks to address an aspect of EV adoption—charging infrastructure. Tata Power plans to install these charging points in major cities such as Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune and Kochi, as well as along key highways like the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral. The focus is on creating an intercity charging network to alleviate range anxiety, particularly for EV owners travelling between cities.
"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," said Virendra Goyal, Head of Business Development, EV Charging, Tata Power.
Support for the 'Tata Power EZ Charge' app and the 'IndianOil e-Charge' mobile app is provided, allowing them to locate and book chargers at their convenience.
"IOCL envisages providing 10,000 EV charging stations by 2024, transforming the retail network into a complete energy solution outlet. 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 capitalise on opportunities in this area, ensuring a seamless transition towards a more sustainable and eco-friendly mobility paradigm." stated Saumitra Shrivastava, Executive Director (Retail-N&E).
Tata Power has already established itself as a leader in the electric vehicle charging domain, commanding a substantial market share of nearly 60 per cent. With an expansive nationwide network spanning over 420 cities and offering a comprehensive array of charging solutions, Tata Power's commitment to enhancing EV charging accessibility remains unwavering.
