Tata Power and Hindustan Petroleum Corporation Limited (HPCL) have signed a Memorandum of Understanding (MoU) for setting up commercial-scale charging stations for electric vehicles at the HPCL retail outlets and other locations across India. Two companies will 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 entities also intend to additionally explore areas of opportunities & collaboration in related fields like renewable energy.
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.”
Rajnish Mehta, Executive Director, Corporate Strategy Planning and Business Development, HPCL said, “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. Tata Power with its focussed approach towards sustainable and clean energy and wider outreach across the power value chain, provides an excellent opportunity for an integrated oil and gas company like HPCL to collaborate for promoting the e-mobility initiative. We intend to leverage on our vast marketing infrastructure network in the form of retail outlets and other locations for setting up of electric vehicle charging stations on pan India basis.”