Tata Power and Indian Oil Corp Partner to Boost EV Charging Network in India

Strategic Collaboration Aims for 500+ Charging Points Across Major Cities and Highways

Tata Power EV Charging Solutions Limited (TPEVCSL), a leading EV charging solutions provider, and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of Understanding (MoU) to deploy over 500 fast and ultra-fast electric vehicle (EV) charging points nationwide. This collaboration aims to address range anxiety for EV owners by establishing a robust intercity charging network.

The EV charging points will be strategically located in major cities such as Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as along key highways including the Mumbai-Pune Expressway and the Golden Quadrilateral. Mr. Virendra Goyal, Head of Business Development-EV Charging at Tata Power, highlighted the significance of this partnership, emphasizing the goal to create an extensive and reliable EV charging network in India.

Tata Power, with a commitment to enhancing the EV user experience, plans to integrate technology and innovative solutions. EV users will benefit from a seamless charging experience through the ‘Tata Power EZ Charge’ app and the ‘IndianOil e-Charge’ mobile app, allowing them to locate and book chargers conveniently.

Sh. Saumitra Shrivastava, Executive Director (Retail-N&E) at IOCL, expressed the corporation’s dedication to adapting to the rising trend of electric vehicle penetration. IOCL envisions providing 10,000 EV charging stations by 2024, transforming its retail network into complete energy solutions outlets. With over 6,000 current EV charging stations, the company aims to continually expand its reach.

The MoU signing ceremony, attended by key representatives from both Tata Power and IOCL, including Mr. K Navin Charan, Mr. Soumitra Chakraborty, and Mr. Virendra Goyal, marks a pivotal moment in fostering sustainable and eco-friendly mobility.

Tata Power has solidified its position as a leader in the EV charging domain, boasting nearly 60% market share. With a nationwide network spanning 420 cities, offering home chargers, public charging points, and bus charging stations, Tata Power remains committed to enhancing electric vehicle charging accessibility across the nation.