Indian Oil Corporation (IOCL) has announced plans to deploy 18 electric vehicle chargers across the country’s strategic locations as it aims to be emission-free by 2046, as per HT Auto.
Notably, IOCL’s reputable fuel station network currently fulfills about half of India’s fuel needs, which receives more than 3.1 crore footfalls daily.
Partnership with Statiq
IOCL will acquire a set of 30kW and 60kW fast chargers for 4-wheelers from Statiq through a tender.
“With Statiq having won this tender, we are glad to find a collaborator who will provide us with quality Made-in-India EV chargers.”
Shrikant Madhav Vaidya IOCL’s Chairman and Managing Director
Objective of the project
IOCL and Statiq intend to aid electric vehicle drivers in India by providing sufficient charging infrastructures. As a result, more people would be encouraged to switch to electric vehicles, affecting the country’s sustainability.
That said, this project is part of IOCL’s broader effort to accelerate the country’s transition to clean mobility. In fact, it has allocated about 2 trillion to initiatives, including green hydrogen, renewables, biofuels, etc.
On the other hand, Statiq expects this project to boost its charging network as it intends to hit its target of about 20,000 charging networks by the end of 2022. That said, the company seeks to launch more partnerships with different stakeholders to install its EV charging network across the country’s busy routes.
“We are looking forward to several such steps that will gradually add up to our overarching ambition of helping everyone in the ecosystem #StayCharged.”
Aman Rehman Statiq’s Head of Government Relations and Corporate Affairs
It is truly remarkable when major companies support the nation’s net zero emission targets. The transportation sector in India would soon be emission-free, owing to such initiatives.
