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Tata Power’s JV enters into partnership with SUN Mobility

26 Mar 2021 Evaluate

Tata Power Delhi Distribution (TPDDL), a joint venture (JV) between Tata Power and the government of NCT of Delhi, has entered into partnership with SUN Mobility to set up a network of 'Battery Swap Points' across North and North-West Delhi.

In collaboration with TPDDL, SUN Mobility launched the first Swap Point with two Quick Interchange Stations, to serve the growing demand of EVs in the Azadpur area, one of the busiest marketplaces of the capital. Given the volume of electric two and three-wheelers in the area, the partnership aims at setting up a broad network of battery swapping infrastructure that makes swapping accessible to customers at the same scale and ease as conventional refuelling.

Tata Power is India’s largest integrated power company.

Peers
Company Name CMP
NTPC 329.35
Tata Power 368.30
Adani Power 205.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1382.00
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