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Helsinki-based energy company Fortum has set up two electric vehicle charging stations in association with IndianOil. The stations have been set up at Indian Oil outlets for the general public. Nina Vaskunlahti, who is the Finland Ambassador to India inaugurated the facility by virtually charging an electric vehicle in real time situated at the Goldstrike Fuel and Services at Raj Bhavan Road. Another location for the charging station is an outlet owned by Indian Oil at Begumpet. Apart from this, the company stated it has plans to build around 150 to 200 charging points across the country in the coming years. However, the exact number of charging points will highly be dependent on the number of electric vehicles sold. In this regard, Sanjay Aggarwal, Fortum India managing director,...

Chennai: Country's largest oil marketing company Indian Oil on January 11, announced its partnership with logistics start-up firm http://www.fortigo.com/Fortigo, aimed at providing technology based solutions to small truck owners. Fortigo is funded by various venture capitalists including Infosys co-founder Nandan Nilenkani. The partnership between Indian Oil and Fortigo, a first-of-its-kind in the industry, would help small truck owners to manage the inventories and plan operations effectively saving time and reduce transportation costs, a company statement said. Small truck owners with small fleets can manage logistics issues. The tie up with Fortigo would also help Indian Oil to tap fuel business from fleet operators covered under the Fortigo platform, it said. During the current ...

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Energy Firm Fortum Sets Up Electric Charging Stations in India

First of Its Kind: Indian Oil Tie Up With Logistics Start-up Firm Fortigo