Tata Power Company Ltd.

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Large Cap | Power Generation/Distribution
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Tata Power’s JV joins hands with Magna Yuma

Date: 30-07-2025

Tata Power Delhi Distribution (Tata Power-DDL), a joint venture (JV) between Tata Power Company and the Government of NCT of Delhi, and Magna Yuma have joined hands to set up battery-swapping stations in Delhi for electric vehicles (EVs). 

As per the agreement, Tata Power-DDL will provide dedicated space for establishing battery-swapping stations, while Magna Yuma will be responsible for designing, procuring, installing, and maintaining these stations. Initially, Magna Yuma will set up two battery-swapping stations in Tata Power-DDL grid substations at the Shalimar Bagh facility -- Centre Grid and Badli Grid. 

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.