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Omaxe ties with Jio-bp to set up EV charging -; swapping infrastructure

10 Jun 2022 , 08:48 AM

Omaxe, one of India’s leading real estate developers on Thursday announced its partnership with Jio-bp, a fuel and mobility joint venture between Reliance Industries Limited (RIL) and bp, to establish a battery charging ecosystem for electrical vehicles.

According to the statement, Jio-bp will set up EV charging and swapping infrastructure at various Omaxe properties across Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, New Chandigarh, Ludhiana, Patiala, Amritsar, Jaipur, Sonipat and Bahadurgarh in a phased manner.

Appreciating the need for EV charging infrastructure at commercial establishments, Jio-bp is working with developers and real estate players in the country. Jio-bp will install 24*7 EV charging infrastructure for two and four wheelers at Omaxe properties.

Last year, Jio-bp constructed and launched two of India’s largest EV charging hubs. Leveraging the best of RIL & bp’s strengths in electrification, Jio-bp is creating a charging ecosystem that will benefit all the stakeholders in the EV value chain, explained the industry in an official statement.

In addition to this, the JV’s EV services operate under the brand Jio-bp pulse, and with the Jio-bp pulse mobile app, customers can easily find charging stations nearby and seamlessly charge their electric vehicles.

In the last 34 years, Omaxe has established a strong footprint in several cities of North and Central India. It has delivered a wide range of real estate projects — from integrated townships to offices, malls and high street projects. The company is committed to ushering better customer experience through environmentally-friendly mobility, innovative design and architecture and facilities in line with its philosophy of customer-centricity.

On Thursday trade, Reliance Industries window ended at Rs2,798.60 apiece up by Rs74.3 or 2.73% on the BSE while it is yet to open for Friday’s trade.

Related Tags

  • EV charging
  • market
  • news
  • Omaxe
  • Omaxe shares
  • Reliance Industries
  • Reliance Industries shares
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