Mrunal Manmay Dash

Indian Oil Corporation Ltd (IOCL) is all set to install 18 new electric vehicle charging stations in India.

As per the reports, the PSU company has awarded a tender to Gurugram-based EV charging network provider Statiq to supply the chargers. Statiq will supply 30kW and 60kW electric four-wheeler chargers to IOCL. However, IOCL is yet to reveal where these chargers will be installed.

In a media release, Statiq said, “IOCL is a market leader as well as a thought leader when it comes to the subject of carbon neutrality in this nation. Their work matches their words, and it is an honor to win a tender with such a future-ready company. The 18 Statiq EV chargers that they will purchase, by way of the tender, will have an unimaginable reach, and we are looking forward to connecting with numerous 4-wheeler owners who will undoubtedly benefit from them.”

“Statiq has raised over INR 200 crore in Series ‘A’ funding. It has teamed up with Hero Electric and also collaborated with EV maker Ather, to enhance the combined EV charging network in the northern states of India. The latest proposition is the next step on Statiq’s part to expedite this process further,” the release added

Oil PSUs are heavily investing in the construction of EV charging infrastructure and actively pushing electric mobility. Tirex Chargers recently received a contract from Indian Oil Corporation to provide 25 EV chargers. Additionally, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) collaborated to build a nationwide infrastructure for charging electric two-wheelers. Bharat Petroleum announced the opening of EV Fast Charging stations on the Bangalore-Chennai and Bangalore-Mysore-Coorg Highways in South India in October this year.