Hindustan Petroleum Corporation (HPCL) has joined hands with Hero MotoCorp to set up charging infrastructure for electric two-wheelers in the country. As a part of the initiative, the two companies will first establish charging infrastructure at HPCL’s existing network of stations, with the likelihood of subsequently broadening the collaboration for supplementary business opportunities.
In the first phase, the charging stations will be set up in select cities, which will then be expanded to other key markets with the aim of establishing a high density of EV charging station network across the country. The two-wheeler major will lead the infrastructure development for the charging network with each charging station featuring multiple fast chargers, including DC and AC chargers that will be available to all two-wheeled EVs. The entire user charging experience will be controlled by a Hero MotoCorp Mobile-App, based on a cashless transaction model.
Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1206.00 |
| Indian Oil Corp. | 137.25 |
| BPCL | 288.95 |
| HPCL | 399.95 |
| MRPL | 142.20 |
| View more.. | |
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