This is the fourth major partnership Tata has entered with any energy retailer to expand its foray in the e-mobility segment.
To offer integrated customer services, explore the e-mobility segment and other value-added services of mutual interest, Mahanagar Gas Limited (MGL), one of India’s leading gas distribution companies has signed a memorandum of understanding (MoU) with Tata Power.
According to a statement issued by the company, this is the fourth major partnership Tata has entered with any energy retailer to expand its foray in the e-mobility segment.
Through this agreement, both the companies will explore possibilities of co-operation. Among other things, their cooperation would also focus on solar rooftop initiatives and setting up of commercial-scale charging and battery swapping stations for electric vehicles, with the allied power management solutions.
Going strong on solar and EV
Mercom India reported that recently, Tata Power and Hindustan Petroleum Corporation Limited (HPCL), an Indian state-owned oil and natural gas company, have signed an MoU for setting up commercial-scale charging stations for electric vehicles (EV) at the HPCL retail outlets and other locations across India.
Besides the EV charging infrastructure, Tata Power’s rooftop business has also scaled. According to Mercom’s newly released India Solar Market Leaderboard 2019 report, Tata Power has the largest cumulative installations in the solar rooftop segment.