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Adani Total Gas’ arm to set up EV charging infrastructure with Evera

23 Aug 2023 Evaluate

Adani Total Gas’ wholly-owned subsidiary -- Adani TotalEnergies E-Mobility (ATEL) is planning to set up EV charging infrastructure with all-electric cab aggregator, Prakriti E-Mobility (Evera). The collaboration will feature an integration of 200 EV charging points super hub in Delhi. This strategic partnership will be scaled up pan-India to encourage decarbonized mobility. 

ATEL is setting up EV charging ecosystem with a wide range of charging points catering to B2C and B2B customers. The partnership with Evera comes at a time of rising EV demand, though charging infrastructure still remains scant. It will help catalyse India's 2030 decarbonization target, supported by a rising inclination towards electric vehicles in the cab-hailing segment.

ATEL and Evera hope to bridge the existing EV infrastructural gaps in India, targeting key highways, workplaces, and other locations with convenient and fast-charging AC and DC solutions.

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.

Peers
Company Name CMP
GAIL (India) 170.50
Gujarat Energy 243.45
Indraprastha Gas 150.15
Mahanagar Gas 1072.65
Adani Total Gas 579.95
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