Tata Power And HPCL Signed MOU To Install EV Charging Stations

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Tata Power And HPCL Signed MOU To Install EV Charging Stations

Tata Power and HPCL have got into a contract to promote EV charging stations. Recently, Tata Power has announced that they have signed an MOU with Hindustan Petroleum Corp Ltd (HPCL), Indian state-owned oil and natural gas firm for establishing commercial-scale EV charging stations at the HPCL local stations and also in several places in India. The companies have joined to cooperate in the outlining, expansion, and progress of charging agencies on a commercial scale.

Praveer Sinha, CEO & MD, Tata Power said, “We are delighted to announce our partnership with HPCL. It is a significant move towards expanding our services to our customers beyond conventional boundaries. By servicing electric vehicles through the proposed charging stations across India, Tata Power will be playing a crucial role in enabling a stronger penetration of EVs in the country, thus fulfilling our commitment to power India’s future in an environmentally sustainable way.”

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Tata Power And HPCL Signed MOU To Install EV Charging Stations
Tata Power And HPCL Signed MOU To Install EV Charging Stations

According to the contract, HPCL will leverage on their enormous retailing infrastructure network in the structure of retail outlets and different areas for installing of EV charging sites on pan India source. Tata Power, largest power generation firm in India aims at satisfactory and reliable energy and consecutive power supply via several mills presents an exceptional chance for an integrated oil and gas corporation such as HPCL to cooperate for developing the e-mobility vision.

Rajnish Mehta, Executive Director, Corporate Strategy Planning and Business Development, HPCL told, “At HPCL, we are a firm believer in business diversification and being future ready. A major impediment to electric vehicles adoption is the range anxiety which needs to be addressed through the establishment of nationwide charging infrastructure. We believe that a robust network of charging stations is very critical for market acceptability of EVs which will also ensure last mile connectivity and thereby facilitate widespread adoption of EVs”.

Rahul Shah from Tata Power said that the firm is looking forward to creating the innovation in sustainable energy and propose to continuously develop their EV-charging infrastructure steps through the contract. In a statement, he claimed, “Our association with HPCL will help us to scale our EV infrastructure at the national level as well as provide our customers with world-class services”.

The government of India is focusing more on the introduction of EV’s in India to reduce pollution. They intend to increase the sales of all-electric vehicles by approx 15% in the country. This could be possible only with the evolution of charging foundation. The charging units can be utilized by electric cars, e-rickshaws, and other electric-powered vehicles to charge. Many car manufacturers have already started working in the EV concepts and few are also revealed like Maruti Suzuki electric Wagon R and Hyundai electric Kona which could hit the market by 2020.

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S. Vishwakarma

S. Vishwakarma

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