Photo caption: Mr. Pranav Adani, MD – Agro and Oil & Gas, Adani Group inaugurating ATGL’s first Electric Vehicle Charging Station in Ahmedabad.

Adani Total gas and electric mobility infrastructure sector

Synopsis:

• Launches its first Electric Vehicle Charging Station in Ahmedabad
• Backs the move as strategic fit with ATGL being energy solution provider
• Aims to leverage group level synergies to source green power and real estate

 Ahmedabad, 27 March 2022: Adani Total Gas Ltd (ATGL) India’s leading City Gas Distribution company, has forayed into Electric Mobility by launching its first electric vehicle charging station (EVCS) in Ahmedabad. The EVCS, located at ATGL’s CNG station at Maninagar in Ahmedabad, will enable quick turnaround time for EV owners with best-in-class fast charging technology and convenient to use digital platform.

“The Commencement of EV business with setting up the first charging station in Ahmedabad is yet another milestone for Adani Total Gas to provide choice of newer green fuel to the larger consumer base in India while timely ceasing an emerging business opportunity aligned to our vision to offer sustainable fuelling solutions on across all major cities and towns in India.” said Mr Suresh P Manglani, CEO of Adani Total Gas.

The company aims to expand its network by setting up 1500 EVCS across the country and has kept an expansion plan ready to move beyond 1500 EVCS, basis the demand generation and momentum building of EV ecosystem in the country.

 ATGL has a strong footprint across the country as a retailer of CNG. It is uniquely positioned to play an active role in the Electric Mobility business by virtue of owning the retail space, huge experience of serving the domain customers and a wide customer base across India. The company has the strategic fit to venture into electric mobility and capture a significant share of the rapidly growing EV market.

ATGL also draws its strength from the Adani Group’s inherent capacity to generate renewable power and can further leverage group level synergies for sourcing green power. The global experience of TotalEnergies SE in the EV infrastructure space is another factor that adds competitive edge to ATGL’s vision as it eyes market leadership in the space.

About Adani Total Gas

Adani Total Gas Ltd is India’s leading private player in developing City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) to Industrial, Commercial, Domestic (residential) customers and Compressed Natural Gas (CNG) to the transport sector. Given its gas distribution mandate prior to the authorisation of 14 new Geographical Areas (GAs), ATGL caters to 38 Geographical Areas which account for 8% of India’s population, ATGL plays a significant role in the nation’s efforts to enhance the share of natural gas in its energy mix. Of the 38 GAs, 19 are managed by ATGL and the rest are managed by Indian Oil-Adani Gas Private Limited (IOAGPL) – a 50:50 joint venture between Adani Total Gas Limited and Indian Oil Corporation Limited.