Tata Power is reportedly eyeing to invest around Rs 70 crore to install nearly 1,000 charging points for electric vehicles (EVs) in the National Capital Region (NCR) region. The company’s aim is to join hands with the three government-owned oil marketing companies (OMCs) Indian Oil, Hindustan Petroleum and Bharat Petroleum. The charging stations would be set up by using the three OMCs’ infrastructure.
Tata Power is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.
