Adani Total Gas has incorporated two wholly owned subsidiaries on August 26, 2022. The company has incorporated Adani Total Energies Biomass (ATEBL), with an initial authorized share capital of Rs 1 lakh and paid-up share capital of Rs 1 lakh to, interalia, carry on the business of developing, establishing and operating Bio-Conversion Plants at various locations and to produce Compressed Bio-Gas (CBG) and supplemental products including Organic Manure and Fertilizer in solid & liquid form and to do all necessary and incidental business activities in this regard. ATEBL will commence its business operations in due course.
The company has incorporated Adani Total Energies E-Mobility (ATEEL), with an Initial authorized share capital of Rs 1 lakh and paid-up share capital of Rs 1 lakhs to, interalia, carry on business of e-mobility areas like setting up Electric Vehicles (EV) stations directly and through its network of dealers, EV charging and to do all necessary and incidental business activities in this regard. ATEEL will commence its business operations in due course.
Adani Total Gas is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector.
| Company Name | CMP |
|---|---|
| GAIL India | 154.05 |
| Gujarat Gas | 323.70 |
| Indraprastha Gas | 161.35 |
| Mahanagar Gas | 1073.80 |
| Adani Total Gas | 580.70 |
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