Explore Business Standard
Don’t miss the latest developments in business and finance.
Hyundai Motor India on Tuesday said it has joined hands with Tata Power to set up fast charging electric vehicle infrastructure across its select dealerships in the country. Under the collaboration, 60 kW DC charging stations will be installed at the company's 34 EV dealerships in 29 cities to cater to all kinds of electric vehicles through Hyundai and Tata Power EZ Charge Mobile App. "The company is glad to announce its partnership with Tata Power to facilitate and strengthen India's robust EV ecosystem and enhance the general outlook on sustainable transportation, reaffirming Hyundai's vision to integrate social responsibility with economic prosperity and community wellness," Hyundai Motor India Ltd (HMIL) MD & CEO Unsoo Kim said in a statement. Such strategic partnerships are fundamental in accelerating the adoption of EVs by customers to achieve the national goal of carbon neutrality, he added. "This partnership will power-up the nation's electric mobility mission by offering .
Tata Power Solar Systems on Monday said it has bagged 300 MW solar project worth Rs 1,731 crore from state-owned NHPC. "Tata Power Solar Systems, one of India's largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged an order of 300 MW solar project worth Rs 1,731 crore, inclusive of tax from NHPC," a company statement said. According to the statement, the project site, located in Rajasthan, will be developed under the CPSU (Central Public Sector Undertaking) scheme of IREDA (Indian Renewable Energy Development Agency). The project, which is expected to be completed within 18 months, aims to reduce around 6,36,960 carbon emissions, and is expected to generate approximately 750 million units annually. Cells and modules made in India would be used in the project installation. Praveer Sinha, CEO & MD, Tata Power, said in the statement, "We are honoured to have won this significant project from NHPC. It underlines the industry's confidence in our ...
Tata Power has inked a pact with National Real Estate Development Council (NAREDCO) to install 5,000 EV charging points across Maharashtra, a statement said on Thursday. Tata Power will provide a comprehensive EV charging solutions across properties of member developers of NAREDCO, the statement said. This will include installation, maintenance, and up-gradation of the chargers as and when required. EV owners across NAREDCO's member developers' properties will have access to 24x7 vehicle charging, monitoring, and e-payments facilities through Tata Power's EZ Charge mobile app. The collaboration is a huge step toward reducing carbon emissions and accelerating e-mobility adoption across Maharashtra. "The move will put an efficient electric vehicle ecosystem closer to the end-user, allowing us to contribute to the national aim of a rapid transition to green mobility," said Dr. Praveer Sinha, CEO& MD, Tata Power. These chargers will be made available as Public/ Semi-Public Charging ..