India is preparing for an Electric Future. The IndianOil Corporation (IOC) and two other public sector oil firms pledge to install 22,000 charging stations over the next five years. IOC said it would equip 10,000 fuel outlets with EV chargers over the next three years.
IndianOil Chairman Shrikant Madhav Vaidya set the above target. In a separate press statement, Bharat Petroleum Corporation said it would set up 7,000 stations over the next five years.
Hindustan Petroleum Corporation (HPCL) has plans for 5,000 EV charging stations in place.
However, plans at IndianOil, a state-owned company under the Indian Ministry of Petroleum and Natural Gas, appear most advanced.
The Chairman elaborated the company would focus on nine cities in the first phase, including Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat and Pune.
The company at present has 448 EV Charging Stations and 30 Battery Swapping Stations across the country and said it collaborated with Tata Power, Fortum, Hyundai, Tech Mahindra, and Ola, among others.
BPCL runs 19,000 service stations across India.