IOC, Fortum join hands to set up EV charging points

IndianOil has partnered Fortum India, part of the Finland-based FortumOYJ, to roll out its first electric vehicle (EV) charging station at a retail outlet in Hyderabad.

It plans to set up 50 such EV charging stations at its outlets in the city.

This is IndianOil’s first such charging station in the country aimed at public use; it had earlier installed two demo stations for the NTPC and the NBCC, for use within their facility, and in Nagpur, with a cab operator.

Nina Vaskunlahti, the Finnish Ambassador to India, launched the facility by virtually charging an electric vehicle. The outlet is located at Goldstrike Fuel and Services on Raj Bhavan Road.

A company-owned and company-operated outlet at Begumpet was also facilitated with EV charging unit.

Awadhesh Kumar Jha, Vice-President, Fortum India, said, “Plans are on to set up 150-200 such stations in the country during the year.”

“After the pilot phase, we plan to set up 50 such stations in Hyderabad over the next two years,” said Rahul Bharadwaj, Executive Director of IndianOil for Telangana and Andhra Pradesh.

Jayesh Ranjan, Principal Secretary, Industries and Commerce, Telangana, said, “Hyderabad is among the six light-house cities chosen by the NITI Aayog to take up pilot initiatives on electric vehicles.”

Established on a BOOT basis for seven years, the charging stations will have two DC charge points each of 10 KW or 15 KW charging capacity.

Payment from those who use these stations shall be processed electronically through credit card or debt card.

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