tata power signs agreement with ioc for ev charging station action seen in stock market mdn
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Tata Power and IOC Share Price: Tata Power has signed a big agreement with Indian Oil regarding electric vehicle charging station. Due to this, action is being seen in the shares. Tata Group’s subsidiary Tata Power EV Charging Solutions has signed an agreement with public sector Indian Oil Corporation to set up 500 charging points across the country. The company will install charging stations with fast and very fast charging. Tata Power said in a statement on Monday that the company will build stations for charging electric vehicles at IOC petrol pumps. According to the statement, Tata Power EV Charging Solutions Ltd, a Tata Power group company and providing charging solutions for electric vehicles. And public sector Indian Oil Corporation Limited. ,IOCL) has launched fast and ultra-fast electric vehicles (EV) Memorandum of Understanding for setting up stations for charging (MoU) is signed. These EV charging points will be installed in major cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune and Kochi as well as on major highways like Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway and so on.
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