June 28, 2022

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Public Sector Oil Companies to set up 900 charging stations in TN.

Public Sector Oil Companies to set up 900 charging stations in TN.

In a bid to go Green, the Public sector Oil Marketing Companies (OMCs) of Tamil Nadu are going to set up 900 charging stations all over the state with the support of Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation.
Here Indian Oil Corporation (IOC) already has 133 charging stations now there were planning to install more than 400 charging stations in Tamil Nadu and well as,

Hindustan Petroleum Corporation (HPC) already has 79 charging stations and were planning to establish more than 175 charging stations around the state.

Bharat Petroleum Corporation is planning to start the journey into charging stations and were planning to set up 145 charging stations around the state and process of installing the charging stations will complete by end of this financial year.
The Public Sector Oil Companies. Marketing Corporation officials told IANS that they are planning to create a demand for electric vehicles as an increase in the number of charging stations would increase the number of electric vehicle users.
An official with the Indian Oil Corporation (IOC) while speaking to IANS said, “Presently the charging stations in the state highways attached with the fuel stations are getting only a handful of recharging, but with the increase in the number of charging stations,

we are confident that the people will buy more electric vehicles as the availability of charging stations will help people recharge their batteries during the travel.

Tata Motors has received a biggest order of Tata XPRES T EV’s.

Oil Marketing Company sources also said that the investment is expensive with Rs 1 crore investment required per charging station. There are fast-charging stations that are deployed on highways for travelers who need fast recharging during a long trip. Slow recharging is conducted in city-based charging stations this is as per the source.
The prices are not very nominal and not much profitable and the prices are presently fixed by individual dealers of the fuel outlets.

The charging station owners want the government to provide more subsidies to those who buy Electric vehicles as this would increase the carbon footprint and thereby increase the environmental conditions.
A senior official with an Oil Marketing Company while speaking to IANS said, “On this June 5, which is celebrated as World Environment Day, there should be a pledge that more shops are provided to the buyers of Electric vehicles to increase its sales and thereby reducing pollution.”

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