Tata Power and Hindustan Petroleum Corporation Ltd (HPCL) have announced the signing of a Memorandum of Understanding (MoU) on Thursday. The recently signed MoU is for the setting up of commercial charging stations for electric vehicles (e-vehicles) at the HPCL retail outlets and other locations across India.
Tata Power and HPCL have agreed to collaborate in the planning, development, and operation of charging infrastructure for electric vehicles (e-cars, e-rickshaws, e bikes, e-buses, etc.) at suitable locations across India.
“We are delighted to announce our partnership with HPCL. It is a significant move towards expanding our services to our customers beyond conventional boundaries,” Tata Power said in a release to the exchanges on Thursday.
The company added, “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.” Read more
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