Tata Power and Indian Oil Corp tie up for over 500 Rapid and Ultra-Fast EV Charging Stations Across India
Tata Power EV Charging Solutions Limited, which helps charge electric cars, is teaming up with Indian Oil Corporation Limited (IOCL). They’re working together to put lots of super-fast charging spots for electric cars all over India. Tata Power will set up more than 500 of these charging spots at IOCL stores all across the country.
The main goal of the strategic placement of these EV charging stations is to reduce range anxiety among EV owners who commute between cities. The cities that will be targeted include Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi. In addition, these stations will be placed strategically along major highways like the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and the Golden Quadrilateral.
“Our collaboration with IOCL marks a strategic milestone in fortifying the EV charging infrastructure in the nation. Leveraging IOCL’s extensive network, Tata Power aims to establish fast and superfast charging points across multiple regions, contributing significantly to accessibility and inclusivity for a sustainable electric mobility future.”Virendra Goyal, Head of Business Development-EV Charging at Tata Power, highlighted
The “Tata Power EZ Charge” and “IndianOil e-Charge” mobile apps will make charging EVs easier and allow users to find and schedule chargers conveniently. Tata Power is dedicated to improving the EV user experience through technological integration and creative solutions.
“IOCL envisions deploying 10,000 EV Charging Stations by 2024, transforming retail networks into comprehensive energy solutions outlets. With over 6,000 operational EV charging stations presently, the company aims for continuous expansion. Our partnership with Tata Power holds a crucial role in responding to this transformative shift, propelling us toward a more sustainable and eco-friendly mobility paradigm.”Representing IOCL, Saumitra Shrivastava, Executive Director (Retail-N&E)
Officials from both organizations were present at the signing of the Memorandum of Understanding, including K Navin Charan, Chief General Manager of retail Transformation, IOCL; Soumitra Chakraborty, Chief General Manager of Marketing Strategy, IOCL; and Virendra Goyal, Head of Business Development, EV Charging, Tata Power.
With a substantial market share of almost 60%, Tata Power has established itself as a leader in the electric vehicle charging industry. Their extensive nationwide network, which covers over 420 cities, offers a wide range of charging solutions, including over 62,000 home chargers, 4,900 public and semi-public charging points, and 430 bus charging stations. What is more, the network is constantly growing, demonstrating Tata Power’s unwavering commitment to improving the accessibility of electric vehicle charging nationwide.