Tata Power announced today that it has entered into a partnership with Jaguar Land Rover (JLR) India to offer an end-to-end EV charging solutions across its retail network of 27 outlets in 24 cities.
India’s largest integrated power company, Tata Power, will be responsible to provide a range of AC and DC chargers, starting from 7kW to 50kW capacity. It would also be the preferred partner to facilitate the installation and management of these chargers at the designated premises and other after-sale related services.
Speaking on the announcement, Rohit Suri, President and Managing Director of Jaguar Land Rover India stated that Tata Power would be a tremendous value addition for Jaguar Land Rover customers as it provides a one-stop solution to their charging needs and also provides easy accessibility to the wide network of public charging infrastructure being set up by Tata Power across India.
Tata Power’s principal businesses are in the areas of generation, transmission, distribution-cum-retail, power trading, power services, coal mines and logistics, strategic engineering for defence applications, solar photovoltaic manufacturing and Engineering, Procurement and Construction (EPC) services. The company has an operational generation capacity of around 9,180 megawatts based on the various fuel sources, such as thermal, hydroelectric power, renewable energy and waste heat recovery.
On Thursday the stock closed at Rs 44.25, down by 0.90 per cent or Rs 0.40 per share. The 52-week high is recorded at Rs 76.90 and the 52-week low is Rs 43.30 on BSE.