EV charging station companies in India include national networks such as Tata Power EZ Charge, Statiq, ChargeZone, Jio-bp pulse, Glida and Adani TotalEnergies E-Mobility, oil companies, scooter-focused networks and charger makers. Only a few are listed on the stock exchange, and franchise costs range widely, from a few lakh rupees for small AC setups to over ₹1 crore for a full station. This guide lists the companies by category, explains what "listed" really means in this sector, compares franchise options and shows how to find charging companies near you. Companies are not ranked or endorsed, and nothing here is investment advice.
EV charging station company list (by category)
| Category | Companies |
|---|---|
| Major public networks | Tata Power EZ Charge, Statiq, ChargeZone, Jio-bp pulse, Glida, Zeon Charging, Relux Electric, Magenta ChargeGrid, Adani TotalEnergies E-Mobility, Volttic |
| Other networks and platforms | Shell Recharge, Numocity, Ezili, Plugzmart, Enviro, Park+ |
| Oil marketing companies | Indian Oil (IOCL), BPCL, HPCL |
| Two-wheeler and light-EV networks | Ather Grid, Ola Hypercharger, Bolt.Earth |
| Apps and aggregators | Kazam, ElectricPe |
| Charger makers with networks or turnkey setups | Servotech (Incharz), Exicom, E-Fill Electric, EcoPlug Energy, Xobolt |
| Fleet and destination charging | Exponent Energy, Sunfuel Electric |
Browse all providers in the TRANDS Companies directory or the EV Charging & Networks category. If you want chargers rather than networks, see our investment opportunities page and the guide to EV charging station vs EV charger.
Top EV charging companies in India: how to read "top"
There is no single official ranking of EV charging companies. Each operator reports its own network size in different units (stations, charging points or chargers) and at different dates, so figures are not directly comparable. A more useful way to find the "top" company is to match it to your use:
| Your need | Companies to look at first |
|---|---|
| Highway trips with a car | Tata Power EZ Charge, ChargeZone, Jio-bp pulse |
| City charging at malls and hotels | Statiq, Tata Power EZ Charge, Sunfuel Electric |
| Fuel-station charging | Indian Oil, BPCL, HPCL, Jio-bp pulse |
| Electric scooters | Ather Grid, Ola Hypercharger, Bolt.Earth |
| Fleets and logistics | Exponent Energy, Jio-bp pulse |
| One app for many networks | ElectricPe, Kazam |
See the main apps compared in EV Charging Station in India.
EV charging station companies near me
- Open the TRANDS Companies directory and the station directory to see who operates in your city.
- Check city guides for local operators, such as the city-by-city EV charging guide and the Udaipur guide.
- For installers, dealers and franchise partners in your city, search Google Maps, then verify the address, phone number, reviews and certifications.
- Ask for itemised quotes from at least three companies and visit a live installation.
Top 10 listed EV charging companies in India and EV charging stocks
Short answer: India has no true pure-play EV charging stock. The closest are Exicom Tele-Systems, a dedicated charger manufacturer, and Servotech Renewable Power System, which makes chargers and runs the Incharz network. Everything else is a diversified company where charging is one segment.
| Company | Ticker | EV charging exposure |
|---|---|---|
| Tata Power | NSE: TATAPOWER | Direct: operates the EZ Charge network alongside its power business |
| Exicom Tele-Systems | NSE: EXICOM | Direct: AC and DC charger manufacturer |
| Servotech Renewable Power System | NSE: SERVOTECH | Direct: chargers plus the Incharz network, alongside solar and power electronics |
| HBL Engineering | NSE: HBLENGINE | Partial: batteries and electronics with charging-related exposure |
| ABB India | NSE: ABB | Partial: high-power DC chargers within a larger electrification business |
| Siemens | NSE: SIEMENS | Partial: charging hardware within a diversified industrial business |
| Schneider Electric Infrastructure | NSE: SCHNEIDER | Partial: grid and electrical infrastructure supporting charging |
| Adani Total Gas | NSE: ATGL | Partial: charging alongside its city gas retail network |
| Reliance Industries | NSE: RELIANCE | Indirect: a joint venture runs Jio-bp pulse |
| Exide Industries | NSE: EXIDEIND | Adjacent: batteries for the EV ecosystem rather than charging itself |
These ten are listed companies with some EV charging exposure, from direct to adjacent. The table is not a ranking, and "top 10" lists online differ because so few listed companies are mainly in charging. Amara Raja Energy & Mobility is another battery maker adjacent to the sector.
Networks you cannot buy on the exchange
Several of India's best-known networks are privately held, including Statiq, ChargeZone, Bolt.Earth, Kazam and Glida (a subsidiary of a foreign group). Public investors cannot buy them directly.
What to check before looking at EV charging stocks
- Revenue share: How much of the company's revenue actually comes from EV charging? For most listed names it is small.
- Hardware or network: Manufacturers earn on units sold. Operators earn on electricity dispensed, which depends on utilisation.
- Utilisation: A charger earns only when vehicles plug in, and utilisation is still the sector's weak spot.
- Policy dependence: Support schemes such as PM E-DRIVE can change.
This is factual information, not investment advice. Verify tickers and company details on NSE, BSE and company filings, and consult a SEBI-registered investment adviser before making financial decisions.
Best EV charging station franchise in India
There is no single best franchise. The right one depends on your budget, city, site and the terms offered. Use these criteria to compare:
- Total investment: chargers, installation, grid connection, civil work, software and franchise fees. Land is usually extra.
- Model: FOFO (you fund and run), FOCO (you fund, the company runs) or revenue share.
- Revenue terms: fixed fee or a share of revenue, and when you are paid.
- Support: site evaluation, installation, 24/7 technical help and app visibility.
- Network and demand: how many drivers the company's app brings to your site.
- Uptime and service: response time for faults.
- Exit terms: lock-in period and what happens if you leave.
- Proof: live stations you can visit and owners you can call.
| Company | What is publicly stated |
|---|---|
| Tata Power EZ Charge | Offers turnkey franchise solutions with site evaluation, setup and branding, 24/7 technical support and an EV Mitra subsidy scheme; its guide cites ₹1 crore to ₹2 crore as a typical investment |
| Statiq | Company-operated and franchise models; its company-operated model is reported to start at about ₹30 lakh for a 60 kW DC station |
| Zeon Charging | Reported by third parties to offer state-specific plans, with a starting investment of about ₹20 lakh and about 550 sq ft of space |
| Jio-bp pulse | No official franchise cost has been published according to third-party guides, so ask the company directly |
| EcoPlug Energy and E-Fill Electric | Charger makers listed on TRANDS that offer franchise and turnkey solutions |
Franchise terms change. Confirm every figure and condition with the company in writing. To understand the difference between the equipment and the whole site you would be investing in, read EV Charging Station vs EV Charger, and explore the investment opportunities page.
Tata Power EV charging station franchise cost
There is no single published price for a Tata Power EZ Charge franchise, and the numbers you will see online differ a lot:
- Tata Power's own franchise guide: says setting up an EV charging station franchise typically needs an investment of ₹1 crore to ₹2 crore.
- Tata Power's franchise page: describes site evaluation, setup and branding, 24/7 technical support and an EV Mitra subsidy scheme to reduce investment, but does not state one fixed cost.
- Third-party guides: give much wider ranges, from about ₹5 lakh up to ₹1 crore. One breaks it down as roughly ₹2 lakh to ₹3 lakh per AC point and ₹20 lakh to ₹25 lakh per DC fast charger, plus a registration fee of about ₹50,000. Treat these as unofficial estimates.
Why the range is so wide
- AC vs DC: AC points cost far less than DC fast chargers.
- Number of chargers: one point or a multi-charger hub.
- Electrical work: a transformer or higher-capacity connection can add a large cost.
- Civil work and land: usually extra.
- Subsidies and scheme terms: vary by case.
Questions to ask Tata Power (or any franchisor)
- What is my total, itemised cost for my site and charger mix?
- What are the franchise fee, revenue share and payment terms?
- Which costs are mine: transformer, civil work, maintenance, electricity?
- What utilisation do comparable live stations achieve? Can I visit them?
- What does the EV Mitra subsidy cover, and who qualifies?
- What is the contract length and exit process?
Apply or enquire through the Tata Power EZ Charge franchise page and read the Tata Power franchise guide. Profile: Tata Power EZ Charge on TRANDS.
EV charging licence and rules
EV charging is classified as an unlicensed activity in India, so no special licence is needed, but you still need a grid connection from your electricity distribution company (DISCOM), local approvals, safe installation and chargers that meet Indian standards. Government support such as PM E-DRIVE is aimed mainly at public and government-linked projects, so do not assume a private franchise will receive a subsidy. Check the latest scheme terms.
Is your EV charging company missing? Get listed
Drivers, investors and site owners search for charging companies by city and category. Add your coverage, charger types, franchise models and contact details so they can find you. List your business free, claim your profile, or ask about featured placement. Also claim your Google Business Profile so your company shows on Google Maps.
Conclusion
India's EV charging sector has many networks, only a handful of listed companies with charging exposure and no pure-play stock, and franchise costs that vary from small AC setups to crore-level investments. Match a company to your use, read franchise terms line by line, and verify every figure with the company and the exchanges.
Disclaimer: This guide provides factual information from public sources and is not investment, financial or legal advice. Company descriptions, tickers, franchise terms and costs change; verify with the company, NSE, BSE and company filings. Companies are not ranked or endorsed. Consult a SEBI-registered investment adviser before making investment decisions. TRANDS is an independent directory.