Tata Power inks pact with Kolte-Patil Developers to ease EV adoption

6 Jun 2022 , 02:40 PM

Tata Power Limited announced its partnership with Kolte-Patil Developers (KPDL) to set up charging stations across its projects in the cities of Pune, Mumbai, and Bengaluru for providing comprehensive charging solutions to the EV owners.

As part of wider green mobility adoption, EVs and the charging infrastructure play a vital role to mitigate climate change challenges in the urban mobility space. Tata Power with its rich experience and expertise to provide seamless EV charging facilities will offer best-in-class EV charging to residential customers of Kolte-Patil Developers, further easing their e-mobility journey, and providing a uniform and ubiquitous EV charging experience, stated media reports.

Tata Power is a leader in providing a start-to-end charging solution to its customers which includes owning, installing, maintaining, and up-gradation the chargers as and when needed.

Through this partnership, EV owners across KPDL properties will have access to a 24x7 charging, monitoring, and e-payments facility through Tata Power’s EZ Charge mobile app.

Mr. Gurinder Singh Sandhu, Chief — New Business Services, Tata Power commented, “Tata Power holds a leadership position in India's E-mobility transformation by facilitating charging stations along highways, residential and commercial complexes. Our technical expertise in the EV charging space, in association with Kolte Patil Developers' wide client base across key metros cities, would undoubtedly pave the way for rapid adoption of electric vehicles."

Tata Power is currently trading at Rs231.70 up by Rs0.65 or 0.28% from its previous closing of Rs231.05 on the BSE. While Kolte Patil Developers is currently trading at Rs257.70 down by Rs0.25 or 0.1% from its previous closing of Rs257.95 on the BSE.