Press Release

Zetwerk wins largest order from IndianOil to Set Up 1400-plus fast EV chargers in India

These EV fast chargers are planned for major cities and key highways, enhancing accessibility and travel convenience.

Zetwerk, world’s largest managed marketplace for contract manufacturing, has secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast chargers across India through competitive bidding which was participated by more than 40 leading EV suppliers across the country.

With this association, Zetwerk is supporting IOCL’s, the top fuel retailer in India, aspiration to become a 360-degree energy solutions provider company, actively investing in the emerging trends in mobility such as EVs. As part of its long term ESG goals, IndianOil is on a powerful mission for empowering consumers with options for embracing clean energy solutions, reducing carbon footprint as well as the cost of transportation.

Fuelling IndianOil’s ambitious green agenda, Zetwerk shall be setting up 1400-plus EV chargers with a capacity of 50-60kW and 100-120kW. These will be the DC Dual gun CCS2 DC Charger that can charge two vehicles simultaneously with a dynamic load-sharing mode.

“This prestigious partnership with IndianOil, the leading energy company of India, is very significant for ZETWERK’s vision for revolutionizing EV charging infrastructure in India. These charging stations will be deployed as per requirement across IOC outlets, providing a seamless charging experience. By conveniently locating these stations in major cities, we will enable the widespread adoption of EV mobility and drive the nation towards a sustainable future,” said Abhay Adya, Business Head – Renewables, Zetwerk.

This is a significant win for a company that has been expanding its reach in the renewable energy sector and has been associated with the setting up of Bangladesh’s largest solar power plant.

About Zetwerk:

Valued at $2.8 billion, Zetwerk is a managed marketplace for contract manufacturing. Zetwerk partners with the world’s leading industrial and consumer enterprises to have their products manufactured via a global network of small manufacturers, where Zetwerk helps with supplier selection, pricing, and fulfillment of orders. Zetwerk offers manufacturing solutions across industries such as Precision Manufacturing, Aerospace & Defence, Renewables, Consumer Electronics, Oil & Gas, and Infrastructure For customers, Zetwerk’s manufacturing network ensures products are made faster, at competitive prices, and with world-class quality. For manufacturing partners, Zetwerk drives higher utilization of manufacturing capacities and offers various portfolio services (including logistics, raw material procurement, and working capital access) to drive revenue growth and optimize manufacturing costs.