Shell’s MoU with K-Electric is only preliminary, nothing concrete finalized yet

January 22, 2021 (MLN): Shell Pakistan Limited, in response to an enquiry letter sent by PSX, has clarified that the MoU signed with K-Electric to explore the possibility of electric charging stations, initially at three locations in Karachi, is only preliminary and nothing concrete has been finalized as of the date hereof.

“As you are aware, Shell Pakistan has a vast network of retail stations which provide energy solutions to motorists across Pakistan; including Motor Gasoline, High Speed Diesel and Compressed Natural Gas. The provision of electric charging facilities at retail forecourts/petrol stations is common across the world and a natural addition to forecourts in Pakistan as well; especially considering the Electric Vehicle Policy recently approved by the Federal Cabinet”, the Head of Legal and Company Secretary of Shell Pakistan, Lalarukh Hussain-Shaikh said in a letter sent to PSX.

“Therefore, the inclusion of electric charging stations is not in any way a shift in the primary strategy of SPL, that is providing energy and services to its customers for their vehicles, nor would it tantamount to a change in its primary business”, the letter added.

For the uninitiated, both Shell and K-Electric a couple of weeks ago had announced the signing of a MoU to jointly develop the first three Electric-Vehicle Charging Stations across Karachi. The locations selected for installing 50 kWh Rapid chargers are; the Shell Defence Filling-Station on Khayaban-e-Bahria, Askari Filling Station at Gulshan Town and Mardan Filling Station at Gadap Town.

“Over the next 3 to 5 years, Shell and K-Electric will explore the opportunity of additional sites and strategically expand the EV charging network. While Shell will engage in the deployment of charging-station equipment, site preparation, installation and manage its operations; K-Electric will ensure grid enhancement”, the companies said in their official statements.

The MoU is Shell Pakistan Limited’s continued commitment towards long-term environmental sustainability through reduction in carbon emission and adoption of green energy.

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Posted on: 2021-01-22T12:14:00+05:00