ADANI TOTAL GAS PARTNERS WITH FLIPKART FOR GREEN SUPPLY CHAIN REVOLUTION

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Embark on the Green Revolution: Adani Total Gas and Flipkart Leading the Way!

In a transformative move towards sustainability, Adani Total Gas Ltd (ATGL) has inked an initial agreement with Flipkart, one of India’s leading e-commerce giants. The Memorandum of Understanding (MoU) marks a strategic alliance aimed at decarbonizing Flipkart’s extensive supply chain. Let’s delve into the details of this groundbreaking collaboration that promises to reshape the landscape of eco-friendly logistics.

Commitment to Carbon Reduction

The MoU signifies a commitment from both Adani Total Gas Ltd and Flipkart to diminish the carbon footprint associated with the movement of goods. This comprehensive approach encompasses every stage of Flipkart’s supply chain, spanning sourcing locations, warehouses, and customer delivery. By leveraging the expertise of Adani Total Gas Ltd, Flipkart aims to integrate clean energy solutions into its operational framework.

Clean Fuel Options and Electric Vehicles

Adani Total Gas Ltd plans to introduce a range of clean fuel options, prominently featuring natural gas. Additionally, the collaboration will explore the incorporation of electric vehicles (EVs) into Flipkart’s fleet, aligning with the broader goal of sustainable logistics. The inclusion of EVs holds promise for reducing emissions and promoting cleaner transportation practices.

E-Mobility Infrastructure Deployment

As part of the collaboration, Adani TotalEnergies E-Mobility Ltd, a subsidiary of ATGL, will spearhead the deployment of electric vehicle charging infrastructure. This initiative will be rolled out across Flipkart’s pan-India supply chain network, encompassing warehouses and logistics locations. The strategic placement of EV charging stations aims to facilitate the seamless integration of electric vehicles into Flipkart’s day-to-day operations.

Adani TotaEnergies’ Strategic Investment

The partnership between Adani Total Gas Ltd and Flipkart is fortified by the substantial investment from TotalEnergies. The French multinational has injected $300 million (approximately Rs 2,500 crore) into a renewable energy joint venture with Adani Green Energy Ltd. This collaborative effort will result in a 50:50 stake ownership between Adani group and TotalEnergies, fostering a robust 1.05GW project portfolio.

The project portfolio encapsulates a diverse range of capacities, including 300MW of operational capacity, 500MW from solar projects under construction, and an additional 250MW from projects in the developmental phase. The investment underscores a shared commitment to advancing renewable energy solutions and bolstering India’s sustainable energy landscape.

Diversification into Smart Metering Projects

Simultaneously, Adani Energy Solutions is making strides in the realm of smart metering projects. Its subsidiary, Adani Transmission Step-Four, is set to establish a joint venture with Esyasoft Holdings, a UAE-based entity. The joint venture will focus on implementing smart metering projects, a critical component in enhancing the efficiency of energy consumption.

The shareholding structure of the proposed joint venture reflects a balanced partnership, with Adani Transmission Step-Four holding a 49% stake and Esyasoft Holdings commanding a 51% share. The equal participation extends to the board of directors, ensuring collaborative decision-making for the success of smart metering initiatives.

Expansion Through Acquisition: Halvad Transmission

In a strategic expansion move, Adani Energy Solutions Ltd has received a Letter of Intent to acquire Halvad Transmission from PFC Consulting. Halvad Transmission, established as a special purpose vehicle by PFC Consulting, is instrumental in evacuating 7GW of renewable energy from Khavda RE park in Gujarat.

The holistic approach of Adani Total Gas Ltd, coupled with strategic investments and diversified initiatives, positions the conglomerate as a key player in India’s sustainable energy transition. The collaboration with Flipkart signals a paradigm shift in e-commerce logistics, paving the way for a greener and more environmentally conscious supply chain.

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