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Tata Power’s arm enters into MoU with Euler Motors

24 Feb 2025 Evaluate

Tata Power Company's subsidiary -- Tata Power Renewable Energy (TPREL) has entered into Memorandum of Understanding (MoU) with electric commercial vehicle maker Euler Motors. As per the long-term MoU, TPREL will provide fast chargers for the customers of Euler Motors. With this, Euler Motors customers will be able to access fast chargers at important high demand locations along their daily routes. 

Through this MoU, Tata Power Renewables will install, operate, and maintain fast chargers, ensuring high uptime and reliability, while Euler Motors will facilitate rent-free spaces for Tata Power's chargers, reinforcing the mutual commitment to advancing India's EV ecosystem. 

Tata Power Company is India’s largest integrated power company. It is a pioneer credited with steering the energy sector on technology, process and platform.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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