Tata Power shines on teaming up with Hyundai Motor India for EV charging network across India

Tata Power Company Ltd. | Power Generation/Distribution | Power | BSE: 500400 | NSE: TATAPOWER

17 May 2022 Evaluate

Tata Power Company is currently trading at Rs. 231.55, up by 4.90 points or 2.16% from its previous closing of Rs. 226.65 on the BSE.

The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 232.00 and Rs. 227.75 respectively. So far 1130544 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 101.70 on 17-May-2021.

Last one week high and low of the scrip stood at Rs. 232.00 and Rs. 217.00 respectively. The current market cap of the company is Rs. 73652.58 crore.

The promoters holding in the company stood at 46.86%, while Institutions and Non-Institutions held 27.03% and 26.11% respectively.

Tata Power Company has entered into strategic partnership with Hyundai Motor India (HMIL), the country’s first smart mobility solutions provider and the largest exporter since its inception, to build a robust EV charging network and accelerate the adoption of EVs across India. Through this association, Hyundai Motor India would become a key contributor to expansion of quality charging infrastructure.

Under the partnership, Tata Power will install Tata Power EZ Charge fast chargers (DC 60 kW) at HMIL's existing 34 EV dealer locations across 29 cities along with supply, installation, and commissioning of home charging for HMIL's EV customers. The association will make Tata Power and HMIL key contributors to the expansion of charging infrastructure. Currently, all 34 HMIL dealer locations are equipped with AC 7.2 kW chargers, and the company aims to expand the fast charging infra network across its pan India dealerships. This new partnership will be of tremendous benefit to customers as the vehicle charging time of a DC 60 kW charger is much lesser than AC 7.2 kW charger. DC 60 kW charging stations will enhance customer convenience.

Tata Power Company is India’s largest integrated power company.

Tata Power Share Price

436.00 -3.20 (-0.73%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
NTPC	402.20
Tata Power	436.00
Adani Power	225.15
Power Grid Corp	313.90
Torrent Power	1724.80
View more..

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