Tata Power, one of India’s largest integrated power company, signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping stations, and rooftop solar power plants.
“The MoU will explore possibilities of co-operation in setting up large scale Solar Group Captive Power Projects under the Captive Policy of Government of India for IGL’s own consumption and setting up of commercial scale charging and battery swapping stations for electric vehicles with the allied power management solutions”
Among other areas, the two firms will co-operate in Common Utility Revenue Cycle Management and Customer Management Solutions and sharing of existing standalone customer care infrastructure; IT Solutions, Data Analytics, Geographical Information System-based Solutions, Advanced DMS; energy audit of IGL establishments and energy efficiency implementation projects under ESCO mode.
Tata Power, India’s largest integrated power utility and Indraprastha Gas Limited (IGL), India’s largest CNG distribution company, announced the signing of a Memorandum of Understanding (MoU) at New Delhi towards setting up integrated customer services and value optimization.
The MoU will explore possibilities of co-operation in Common Utility Revenue Cycle Management and Customer Management Solutions and sharing of existing standalone customer care infrastructure; IT Solutions, Data Analytics, Geographical Information System (GIS) based Solutions SCADA, Advanced DMS etc. ; Energy audit of IGL establishments and energy efficiency implementation projects under ESCO (Energy Service Company) mode; Setting up of rooftop solar projects with customized structure for IGL establishments under CAPEX/RESCO mode and further exploring rooftop solar projects for residential, commercial and Industrial establishments; joint exploration of feasibility of setting up of large scale Solar Group Captive Power Projects under the Captive Policy of Government of India for IGL’s own consumption; Setting up of commercial scale charging and/or battery swapping stations for electric vehicles with the allied power management solutions;
The MoU will also cover common safeguard activities of underground assets (pipes and cables) including Right of way for activities like maintenance and laying of pipes & cables simultaneously, routine patrolling of under & above ground assets. Both the entities will also explore possibilities of co-operation in electricity generation, Optical Fibre Network and Integrated Utility Services for water, electricity and gas.
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