BPCL to invest Rs 2 billion to set up 100 fast EV charging corridors

Bharat Petroleum Corporation Limited plans toinvest around Rs 2 billion during 2022-23 to set up 100 fast electric vehicles (EV) charging corridors having 2,000 stations along the busiest 100 national highways.

The company has recently opened its first EV charging corridor along the Chennai-Trichi-Madurai highway with one charging unit. The second corridor will come up on the Kochi-Salem section of the National Highway 47 within the next two months.The third corridor will most probably be the Mumbai-Bengaluru National Highway 4, and will have multiple units as the highway has amongst the highest traffic. By 2024-25, the company has plans to have 7,000 fast EV charging stations.