Tata Power EV Charging Solutions Limited and Indian Oil Corporation Limited have signed a MoU to roll out fast and ultra-fast electric vehicle (EV) charging points across India. The collaboration will see Tata Power install 500+ EV charging points across multiple IOCL retail outlets.
The charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as across major highways such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and the Golden Quadrilateral.
Virendra Goyal, Head -Business Development-EV Charging, Tata Power, said, “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.”
The ‘Tata Power EZ Charge’ app and ‘IndianOil e-Charge’ mobile app can be used to locate and book the EV chargers at the customer’s convenience.
Saumitra Shrivastava, Executive Director (Retail-N&E), said, “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.”
Tata Power has established itself as a market leader in electric vehicle charging, with a nearly 60% market share. Their extensive statewide network, which includes over 62,000 house chargers, 4,900 public and semi-public charging points, and 430 bus charging stations, reaches more than 420 cities and provides 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. Notably, this network is always being expanded, demonstrating Tata Power’s persistent commitment to improving electric vehicle charging accessibility across the country.
