Tata Power, India's largest integrated power company, today partnered with Tata Motors to make Maharashtra EV ready and to establish Electric Vehicle Charging Stations in the State for public use.

Tata Motors has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra   to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the adoption of Electric Vehicles in Maharashtra.

Praveer Sinha, CEO & Managing Director, Tata Power, said, ''We are committed to making Maharashtra EV ready and Government's vision of providing green technology solutions. We are happy to partner with Tata Motors to deliver on the Government and Group's vision of improving India's carbon footprint and enabling the customers with a sustainable future. We are happy to present Maharashtra with various electric vehicle charging stations that cover the wide expanse of the city. With these installations, Tata Power continues to pursue sustainable practices by using technology to provide Maharashtra customers access to energy-efficient options with ease.''

Guenter Butschek, CEO & MD, Tata Motors said, ''Tata Motors is committed to the Government's vision of e-mobility in India. We are excited to join forces with the Government of Maharashtra towards this endeavor. We are uniquely positioned to leverage the strength of our group companies to create an EV ecosystem. With our ready portfolio of EV offerings across our passenger and commercial vehicles, we are geared up to meet future requirements beyond the current tender commitments.''

Shares of the Tata Power declined Rs 1, or 1.22%, to settle at Rs 81.20. The total volume of shares traded was 267,062 at the BSE (Thursday).