Tata Power plans to invest around Rs 700 million to set up nearly 1,000 charging points in the National Capital Region (NCR) region, for electric vehicles (EVs). Praveer Sinha, managing director, told Business Standard the company presently has a total of 21 charging points in Mumbai, Delhi, and Hyderabad. Apart from the 1,000 new ones in the NCR, there would 100 in Maharashtra.
The plan is to join hands with the three government-owned oil marketing companies (OMCs) — Hindustan Petroleum, Bharat Petroleum and Indian Oil. The charging stations would be set up by using the three OMCs’ infrastructure. Tata Power would also partner other entities, such as malls, metro rail stations, hospitals, hotels, etc, beside own franchisees. Personal and commercial vehicles would both be catered to.