Mumbai: Tata Power, India’s largest integrated power utility, and city gas distribution company Mahanagar Gas Limited (MGL), have signed a Memorandum of Understanding (MoU) to foray into emerging e-mobility business, explore synergies of operation in integrated customer services and other value-added services of common interests, Tata Power said today.
The MoU was signed by Sanjib Datta, Managing Director, MGL, and Praveer Sinha, CEO & Managing Director of Tata Power, in Mumbai.
The MoU facilitates both the companies to explore possibilities of co-operation in common utility revenue cycle management and customer management solutions, IT solutions, data analytics, geographical information system (GIS); common safeguard activities for underground assets, solar rooftop initiatives and setting up of commercial-scale charging and/or battery swapping stations for electric vehicles, with the allied power management solutions.
