Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070.
IOC, the country’s largest state-owned refiner by capacity, will set up EV charging facilities at 10,000 fuel outlets over the next three years, Chairman Shrikant Madhav Vaidya said.
Bharat Petroleum Corporation said it will set up 7,000 stations over the next five years while Hindustan Petroleum Corporation has plans for 5,000 stations.
