Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals

Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals

New Delhi, April 8 (IANS) In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers.As part of the collaboration, EV charging stations (60 kW DC) will be installed at designated MG dealerships, to provide value-added services to EV customers nationwide.

“Adani TotalEnergies E-Mobility Limited’s and MG Motor India’s partnership to develop charging infrastructure marks a significant milestone and will play a crucial role in accelerating India’s energy transition,” said Suresh P. Mangalani, ED and CEO, ATGL, which is a wholly-owned subsidiary of Adani Total Gas (NS:ADAG) Limited (ATGL).

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The effort will contribute towards reducing carbon emissions and promoting a cleaner and greener environment, Mangalani added.

ATEL will set up CC2 60 kW DC chargers at upcoming MG dealerships to bolster the charging network and enhance customer accessibility.

“This strategic partnership reflects our commitment to sustainable mobility and our vision to revolutionise the EV landscape by building a robust charging infrastructure. The combined synergies aim to empower Indian consumers to embrace electric mobility,” said Gaurav Gupta, Chief Growth Officer, MG Motor India.

The partnership will also provide a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.

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In addition, a digital platform will be launched to facilitate a seamless customer experience, covering discovery, user authentication, charging, and billing settlement through a dedicated mobile application, said the companies.

Both companies will explore the potential of integrating public charging stations across platforms by leveraging advanced application programming interfaces (APIs) to enhance network visibility and accessibility.

The collaboration will also enhance customer experience with RIFD solutions accessible to MG users at the strategic locations of ATEL’s public charging network, especially at places such as airports.

Currently, ATEL has a network of more than 300 charge points, which are a mix of AC and DC, spread across various verticals like highway pit-stops, shopping malls, RWAs, workplaces and fleet charging hubs.

The company has a current installed capacity of around 6 MW with approximately 500 charge points under construction.

Yes, that’s correct. Adani TotalEnergies E-Mobility Limited (ATEL), a subsidiary of Adani Gas Limited (ATGL), recently joined forces with MG Motor India to improve India’s electric vehicle (EV) charging infrastructure. This collaboration aims to address a key challenge in EV adoption and accelerate the country’s transition towards cleaner energy.

Here are some key details of the partnership:

  • ATEL will install fast-charging stations (60 kW DC chargers) at upcoming MG dealerships across India. This will provide convenient charging options for MG EV customers and promote wider EV adoption.
  • The partnership will provide a comprehensive solution encompassing the entire charging infrastructure lifecycle, including supply, installation, commissioning, operation, and maintenance.
  • Additionally, they plan to develop a user-friendly digital platform to facilitate processes like user authentication, charging, and billing, ensuring a seamless experience for EV users.

This collaboration between a major automaker and an energy company is a significant step towards building a robust EV charging network in India. It should benefit both MG Motor India by enhancing customer experience and Adani Group by strengthening their presence in the EV mobility space.

Adani Gas demand is expected to rise in 2024:

  • Overall Growth: Industry experts predict a 5-6% increase in India’s natural gas consumption this year, aligning with the projected economic growth [3].
  • Adani Gas CEO’s Outlook: Suresh P Manglani, CEO of Adani Total Gas, believes the company will see a significant rise in demand due to two key factors:
    • Micro, Small and Medium Enterprises (MSMEs): If provided with proper support, MSMEs could switch to natural gas, leading to an additional demand of 100-120 MMSCMD [3].
    • Liquefied Natural Gas (LNG) for transportation and mining: Expanding the use of LNG in these sectors can further boost demand [5].
  • Company’s Performance: Adani Total Gas witnessed a 21% year-on-year growth in CNG sales volumes for the nine-month period ending December 2023 [3].

Adani Gas is actively expanding its reach by:

  • Acquiring licenses in new areas: The company secured licenses in the 9th, 10th, and 11th bidding rounds for City Gas Distribution (CGD) projects [3].
  • Building infrastructure: They are continuously expanding their pipeline network to cater to the growing demand [4].

While specific figures for Adani Gas’s projected demand increase aren’t available, the overall industry trends and the company’s growth strategies indicate a positive outlook for Adani Gas demand in 2024.

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