Tata Power, HPCL Collaborates for Setting Up EV Charging Stations

Tata Power inked a MoU with state-run oil marketing company Hindustan Petroleum Corporation Ltd. (HPCL) for setting up the commercial-scale electric vehicle (EV) charging stations at latter’s retail outlets and other locations across the country.

Tata Power and HPCL, through this memorandum of understanding (MoU), have agreed to collaborate in planning, development and operation of charging infrastructure for electric vehicles (e-cars, e-rickshaws, e-bikes, e-buses, etc), at suitable locations across India. Both the entities also intend to additionally explore areas of opportunities and collaboration in related fields like renewable energy, a company statement 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, Praveer Sinha, CEO & MD, Tata Power, said in the statement.