Tata Power partners with HPCL for setting up EV charging stations at petrol pumps
One of the largest powerhouses in the nation and a pioneer in the EV charging station sector, Tata Power has tied-up with Hindustan Petroleum Corporation Limited for setting up EV charging stations at HPCL’s petrol pumps.
With the help of this Maharatna company’s massive retail base across India, Tata Power can further expand its reach in Indian cities and highways.
Tata Power already has a huge network of over 500 charging stations in more than 100 cities. With the rising number of electronic car users, the tie-up becomes a very strategic and visionary move. Increased availability of charging stations leads to convenient transport that will further boost demand and confidence in the buyers.
Tata Power is one of the largest integrated power companies that generate renewable as well as conventional power.
The stock was trading flat today and closed at Rs 124.15 on BSE.