Tata Power to Reassess Public EV Charging Expansion Amidst Sluggish E-Car Growth

Tata Power has put a temporary pause on its plans to expand public electric vehicle (EV) charging infrastructure, as per the Moneycontrol reports. The company had earlier set a target of installing at least 25,000 public chargers by FY28. As of now, it operates around 5,500 public charging stations.

As per the reports, the reason for the pause is low usage. Tata Power’s current public EV charging stations have a utilisation rate of less than 5%. This means only a small portion of the available charging infrastructure is being used regularly.

Infrastructure Already in Place

As per the report, despite the slowdown in expansion, the company says it has built a network that can be scaled up quickly. The EV chargers are spread across key locations in cities from Srinagar to Bengaluru. Tata Power also has 1.2 lakh home chargers and 1,200 chargers for electric buses.

This slowdown is not limited to one company. Karnataka, which has the highest number of EV charging stations in the country, recently cancelled its plan to set up 2,500 new charging points due to a lack of interest from private firms.

Government Push Underway For EV Charging Stations

According to the report, India has 29,277 public EV charging stations as of now. Karnataka leads with 6,097 stations, followed by Maharashtra (4,155) and Uttar Pradesh (2,326). The Centre plans to add 72,000 more chargers under the PM E-Drive scheme by FY26 with a budget of ₹2,000 crore.

EV Sales Still Lag Behind Targets

A NITI Aayog report states that only 7.6% of India’s total vehicle sales in 2024 were electric. This is far below the country’s 2030 target of 30%. Progress has been better in electric 2 and 3-wheelers, but EV car adoption remains slow.

Read More: Tata Power Q1 FY26 Earnings Results: PAT Rises 6% to ₹1,262 Crore; Revenue at ₹17,464 Crore!

Tata Power Share Price Performance 

As of 10:11 AM on August 6, 2025, Tata Power share price was trading at ₹383.10, a 0.64% decrease.

Conclusion

With demand still catching up, Tata Power has opted to hold back on fresh public charging investments. The infrastructure exists, but usage patterns will decide the next phase of growth.

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