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Adani Total Gas Plans to Establish Over 3,000 EV Charging Points Throughout India

The organisation is also in the development of establishing India’s huge biogas plants in Uttar Pradesh.

May 03, 2023. By EI News Network

The company commenced 104 EV charging points at 26 locations sites all over India and its first compressed bio-gas station at Varanasi in Uttar Pradesh in the previous fiscal year.

Adani Total Gas proposes to add more EV charging points to 3000, in the upcoming 12-18 months.

The organisation is also in the development of establishing India’s huge biogas plants in Uttar Pradesh.

The facilitation of broader energy availing to consumers and users, Adani Total Gas, through its subsidiary company, in the upcoming 12-18 months will be setting up more than 3,000 EV charging points as well as construct one of India’s major biogas plants in Uttar Pradesh, whose work is in motion.

The company declared further proposal to enter the electric mobility infrastructure space from previous year.

For the complete year FY23, the company estimated a profit after tax (PAT) of INR 546.49 crore, increase 7 percent from INR 509.40 crore in the last financial year.

Also, for the quarter ended March 2023, the company assessed a net profit of INR 97.91 crore, rise from INR 81.09 crore in the same quarter period of last fiscal year.

Tags:

Sustainable Transport

Adani Total Gas Ltd.

EV Charging Points

Installation

Compressed biogas plant

Electric mobility

Infrastructure projects

Profit after tax

Net Profit