Petromin, HPCL to invest USD 700 mn in fuel stations, multi-brand vehicle service workshops & EV charging stations
Petromin Corporation KSA and Hindustan Petroleum Corporation Limited (HPCL) have announced a $700 million investment in fuel stations, vehicle service workshops, and EV charging stations. Over the next five years, Petromin Express India, a subsidiary of Petromin Corporation, will invest $100 million to set up 1,000 vehicle service centers at HPCL retail outlets in India. The companies will invest $100 million to install and operate up to 5,000 EV charging units at HPCL stations in India.
Tags : hindustan petroleum HPCL EV charging petromin hpcl petromin hpcl petromin investment petromin investments saudi petrol ev charging stations Kalyana Sivagnanam
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