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HPCL planning to commission 5,000 electric vehicle charging stations in next three years

20 Sep 2021 Evaluate

Hindustan Petroleum Corporation (HPCL) is planning to commission 5,000 electric vehicle charging stations in the next three years. Over the past few months, HPCL has tied up with three entities--Convergence Energy Services (CESL), Tata Power, and Magenta EV Systems--for setting up charging infrastructure at its retail outlets.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.

Peers
Company Name CMP
Reliance Industries 1275.00
Indian Oil Corpn. 135.30
Bharat PetroleumCorp 303.00
HPCL 354.00
MRPL 181.35
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