Tata Power, IGL join hands to set up EV charging stations, solar plants

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Tata Power, IGL join hands to set up EV charging stations, solar plants

April 2, 2019 Anand Gupta

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The pact focuses on setting up commercial scale charging and battery swapping stations for EVs

New Delhi: private sector electricity generator Tata Power and Indraprastha Gas Ltd (IGL) today announced signing of a pact to jointly set up electric vehicle charging stations, battery swapping stations and rooftop solar power plants among other focus areas.

“The MoU will explore possibilities of co-operation in setting up large scale Solar Group Captive Power Projects under the Captive Policy of Government of India for IGL’s own consumption and setting up of commercial scale charging and battery swapping stations for electric vehicles with the allied power management solutions,” the companies said in a statement.

The MoU also provides for setting up of rooftop solar projects with customized structure for IGL establishments under CAPEX and RESCO mode and exploring rooftop solar projects for residential, commercial and Industrial establishments.

Among other areas, the two firms will co-operate in Common Utility Revenue Cycle Management and Customer Management Solutions and sharing of existing standalone customer care infrastructure; IT Solutions, Data Analytics, Geographical Information System -based Solutions, Advanced DMS; energy audit of IGL establishments and energy efficiency implementation projects under ESCO mode.

The MoU was signed between E S Ranganathan, Managing Director, IGL and Praveer Sinha, CEO & Managing Director, Tata Power in the presence of B C Tripathi, Chairman & Managing Director, GAIL. Sanjay Banga, CEO of Tata Power DDL and Rajiv Sikka, Director (Commercial) at IGL were also present on the occasion.