Hindustan Petroleum Corporation Limited (HPCL) has made a significant move in the electric vehicle (EV) charging sector by placing an order for 1,500 fast EV chargers from Servotech, a Delhi-based EV technology company. This order valued at 102 crore rupees marks a crucial step towards bolstering the EV charging infrastructure in India.
Details of the Order
The order encompasses two types of chargers:
- 60kW chargers
- 120kW chargers
These chargers are set to be installed across the nation, primarily at HPCL's retail outlets, as part of the company's commitment to promoting eco-friendly transportation solutions.
Servotech's Role and Expansion
Servotech, known for its expertise in the EV charging domain, has previously supplied 4,000 EV chargers across the country. The company has also recently secured another significant order from Bharat Petroleum Corporation Limited (BPCL) to install around 1,800 DC EV chargers, with the project valued at 120 crore rupees.
Embracing E-Mobility
Sarika Bhatia, the director of Servotech Power Systems Ltd., expressed her enthusiasm about the collaboration, stating, "We are honored to be a part of India's E-Mobility revolution and together with HPCL. We are confident that our high-quality and technologically advanced DC fast EV chargers will help to establish e-mobility touchpoints, optimize transactions, improve availability, simplify discovery and facilitate navigation for EV users." This partnership signifies a major stride towards achieving a sustainable and efficient EV ecosystem in India.
The Impact on India's EV Landscape
The collaboration between HPCL and Servotech is expected to have a significant impact on India's EV landscape. By increasing the availability of fast chargers the initiative aims to address one of the key barriers to EV adoption - range anxiety. With more fast chargers available, EV users can confidently travel longer distances without worrying about running out of charge.
Future Prospects
The investment in EV charging infrastructure is not only a step towards reducing carbon emissions but also opens up new business opportunities. As the demand for EVs continues to grow, the need for charging stations will rise creating a market for companies like Servotech. This partnership is a testament to the growing recognition of the importance of sustainable transportation solutions and the role of private and public sectors in achieving this vision.
In conclusion HPCL's order for 1,500 fast EV chargers from Servotech is a significant development in India's journey towards e-mobility. It highlights the collaborative efforts needed to build a robust EV charging infrastructure and paves the way for a greener and more sustainable future in transportation.