ATGL expands its presence in the electric transportation infrastructure industry
The firm intends to extend its network by establishing 1500 EVCS around the country, with an expansion strategy in place to go beyond 1500 EVCS
Adani Total Gas Ltd (ATGL) has entered the electric mobility market with the opening of its first electric vehicle charging station (EVCS) in Ahmedabad. The EVCS, which will be placed at ATGL's CNG station in Maninagar, Ahmedabad, will provide EV owners with a rapid turnaround time by utilising best-in-class fast charging technology and an easy-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 Suresh P Manglani, CEO, Adani Total Gas.
The firm intends to extend its network by establishing 1500 EVCS around the country, with an expansion strategy in place to go beyond 1500 EVCS based on demand creation and momentum building in the country's EV ecosystem.
As a CNG retailer, ATGL has a significant presence across the country. Because it owns the retail space, has extensive expertise servicing domain consumers, and has a large customer base across India, it is well positioned to take an active role in the Electric Mobility sector. The firm is strategically positioned to enter the electric mobility sector and acquire a large portion of the rapidly rising EV market.
ATGL also benefits from the Adani Group's natural potential to create renewable energy and may further exploit group-level synergies for green power procurement. TotalEnergies SE's global experience in the EV infrastructure field gives a competitive edge to ATGL's goal as it seeks market leadership in the space.