EESL signs MoU with HPCL to develop Public Charging Infrastructure for Electric Vehicles

New Delhi, December 30, 2019: Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL), a Maharatna oil and natural gas company for setting up of Public Charging Infrastructure as part of the National Electric Mobility Programme.

The two organisations have entered into a two-year MoU with the objective of synergising business development for set up Public Charging Infrastructure to boost electric mobility in India.
The MoU covers collaboration for planning, development and installation of charging installations at suitable locations for two, three, and four-wheeler vehicles.With the installation of public charging stations, the range anxiety of EV owners is expected to reduce, which will increase the adoption of electric mobility. This will also bring down automobiles emissions, enabling cleaner & greener environment, in turn, safeguarding public from health risks.

Talking about building the robust EV ecosystem, Shri. Saurabh Kumar, Managing Director, EESL said, “Increased access to charging infrastructure is vital for the uptake of electric mobility across the entire EV ecosystem of two, three, and four-wheelers. Along with addressing the range anxiety concerns that EV-adopters may have, our partnership with HPCL will also establish more visibility of charging infrastructure, sending a signal to the general public that India’s electric mobility vision is being realised in full potential. ”

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