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Sector360 > Blog > Manufacturing > Lifestyle > Adani Total Gas signs MoU to aid Flipkart’s efforts
Lifestyle

Adani Total Gas signs MoU to aid Flipkart’s efforts

By secadmin December 27, 2023 3 Min Read
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Ahmedabad, 27 December 2023: Adani Total Gas Limited (ATGL), India’s leading energy and city gas distribution company, and Flipkart, India’s homegrown ecommerce marketplace, today announced signing of a Memorandum of Understanding (MoU). 

Under the MoU, AGTL will work with Flipkart to support its vision to reduce carbon footprint in the primary, secondary and tertiary movements of goods between sourcing locations, warehouses, and customers. ATGL will provide decarbonizing solutions, aiding Flipkart’s journey to switch to cleaner fuel options, including natural gas, and the introduction of electric vehicles.

Adani TotalEnergies E-Mobility Limited (ATEL), a wholly owned subsidiary of ATGL, will deploy EV charging infrastructure at Flipkart’s pan India supply chain, including at warehouses and logistics locations. This partnership will go a long way in decarbonizing the e-commerce logistics segment in the country, which accounts for more than 8 million shipments per day. With growth in the economy, this volume is only set to grow further and requires well thought of solutions to reduce associated carbon emissions.

At COP 26, India committed to climate action goals, which included reducing carbon intensity of the economy and achieving the net zero target. Indian e-commerce players like Flipkart have also set goals of net zero, and decarbonizing transportation will go a long way to achieve these goals.

ATGL, which is co-promoted by Adani Group and France’s TotalEnergies, is committed to building India’s next generation energy infrastructure to provide cleaner energy solutions to residential, commercial, industrial, and transportation segments. 

Mr. Suresh P Manglani, Executive Director & CEO of Adani Total Gas Ltd, said, “We are fully committed to providing clean energy solutions to our customers and to help them achieve their decarbonization goals, thus actively contributing towards India’s climate action goals.”

Mr. Hemant Badri, Senior Vice President and Head of Supply Chain, Customer Experience & Re-Commerce, Flipkart Group, said, “At Flipkart, we are committed to introducing solutions that help us move towards a sustainable future, such as integrating cleaner energy solutions and introduction of electric vehicles in our logistics. Through shared vision and collective action, we believe this collaboration with Adani Total Gas Limited will play an important role in supporting our efforts to achieve our net-zero goals and in catalyzing the complete electrification of our fleet, which is a key part of Flipkart’s larger sustainability vision.”

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Sector 360 is a comprehensive round-up of businesses in Gujarat and India that keeps its readers updated with the latest developments. Our easy-access digital portal showcases the milestones and achievements of not only corporates, but also provides insightful overviews of markets and industry sectors. It also profiles emerging brands and start-ups alongwith new-age entrepreneurs, so that our readers are abreast of the latest trends. Sector 360 is a power-packed essential read for everyone who wants to be in tune with the most timely and relevant announcements in the world of business.

Sector 360 is a comprehensive round-up of businesses in Gujarat and India that keeps its readers updated with the latest developments. Our easy-access digital portal showcases the milestones and achievements of not only corporates, but also provides insightful overviews of markets and industry sectors. It also profiles emerging brands and start-ups alongwith new-age entrepreneurs, so that our readers are abreast of the latest trends. Sector 360 is a power-packed essential read for everyone who wants to be in tune with the most timely and relevant announcements in the world of business.

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