Tata Power-DDL, Magna Yuma to jointly set up battery-swapping stations for EVs in Delhi
New Delhi: Tata Power-DDL and Magna Yuma have joined hands to set up battery-swapping stations in Delhi for electric vehicles (EVs). As per the agreement, Tata Power-DDL will provide dedicated space for establishing battery-swapping stations, while Magna Yuma will be responsible for designing, procuring, installing, and maintaining these stations. In a statement on Tuesday, Tata Power-DDL said it is collaborating with Magna Yuma Pvt Ltd to establish battery-swapping stations in the national capital. Initially, Magna Yuma will set up two battery-swapping stations in Tata Power-DDL grid substations at the Shalimar Bagh facility -- Centre Grid and Badli Grid. Tata Power Delhi Distribution Ltd (Tata Power-DDL) is a leading power utility supplying electricity to about 9 million people in North Delhi.
Dwijadas Basak CEO Tata Power Delhi Distribution Ltd said, "This initiative is aligned with our commitment to drive clean energy adoption and promote sustainable mobility."