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Adani Gas diversifies into e-mobility, aims to build 1,500 charging points pan-India

Adani Gas diversifies into e-mobility, aims to build 1,500 charging points pan-India
28 Mar, 2022
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Adani Total Gas (ATGL) has forayed into the electric mobility segment by launching its first electric charging station in Ahmedabad. Located at ATGL’s CNG station at Maninagar, the charging point is a part of the company’s planned 1,500 such stations across the country. 

Suresh P. Manglani, CEO, Adani Total Gas, said, “The commencement of EV business with setting up the first charging station in Ahmedabad is yet another milestone for Adani Total Gas to provide a 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 fueling solutions in all major cities and towns in India.” 

ATGL has also maintained that it intends to move beyond 1,500 electric vehicle charging stations, basis the demand generation and momentum building of EV ecosystem in the country. While making an official announcement, it claimed that 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, as per its claims. 

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Earlier, Mukesh Ambani’s Reliance Industries (RIL) has also diversified into the e-mobility space by inking a joint venture with energy supermajor British Petroleum and formed Reliance BP Mobility Limited (RBML). The JV, which operates under the brand name Jio-bp, had opened one of the country’s largest EV charging hubs in Delhi early this year. 

The JV firm had also partnered with Mahindra Group for exploring the creation of electric vehicle products and services, besides, identifying synergies in low-carbon and conventional fuels.