Mahanagar Gas Limited (MGL), one of India’s leading gas distribution companies has signed a memorandum of understanding (MoU) with Tata Power to offer integrated customer services, explore the e-mobility segment and other value-added services of mutual interest.
Through this agreement, both the companies will explore possibilities of co-operation. Among other things, their cooperation would also focus on solar rooftop initiatives and setting up of commercial-scale charging and battery swapping stations for electric vehicles, with the allied power management solutions.
Tata Power has been one of the front runners in the e-mobility, and solar rooftop business and its initiatives have gathered a good momentum in recent months.
Recently, Tata Power and Hindustan Petroleum Corporation Limited (HPCL), had signed an MoU for setting up commercial-scale charging stations for electric vehicles (EV) at the HPCL retail outlets and other locations across India.
This is the fourth major partnership Tata has entered with any energy retailer to expand its foray in the e-mobility segment.
Besides the EV charging infrastructure, Tata Power’s rooftop business has also scaled. They have the largest cumulative installations in the solar rooftop segment.
Reference- Mercom India, Economic Times