Adani Total Gas Ltd (ATGL), a joint venture between Adani Group and TotalEnergies, plans to build over 1,800 CNG stations in the next 7-10 years, said Suresh P Manglani, CEO, ATGL, in the company’s annual report for FY23.
“ATGL is spreading its footprints pan-India. Added to this number are 19 GAs with our JV- Indian Oil Adani Gas Private Limited (IOAGPL), we now have a presence in 124 districts,” Manglani added.
The company has thus far completed laying 10,888 Inch-Km of steel pipeline, adding 1,951 Inch-Km line in FY 2022-23. Its CNG station footprint increased to 460 following the addition of 126 during the last year. Out of 460 CNG stations, 87 were Company Owned Dealer Operated (CODO) and Dealer Owned Dealer Operated.
In addition to scaling its core business of gas distribution, the company is also diversifying its offerings to – CNG, CBG and EV charging.
“The time is coming when we will have widened our portfolio of service to a range of clean fuels that addresses different applications for different consumers, reinforcing our positioning as a one-stop comprehensive service provider,” added Manglani.
To this effect, ATGL has formed a wholly owned subsidiary, Adani TotalEnergies E-mobility Limited (ATEL). Presently, ATEEL is engaged in setting up EV charging infrastructure for 2W, 3W, and 4W (including bus) at various locations across the country.
Another wholly owned subsidiary Adani TotalEnergies Biomass Limited (ATBL) will tap into India’s huge potential of bio-mass derived energy.
ATEBL is currently building one of India’s largest Compressed Biogas (CBG) plants at Barsana near Mathura in UP with eventual 600 TPD feedstock processing capacity.
“In addition to utilizing agricultural and livestock waste as feedstock, the company is also actively seeking opportunities in the Municipal Solid Waste (MSW) segment to expand its CBG production footprint,” Manglani added.
CBG is suitable for transportation and utilization in the CGD network and fits seamlessly in the ATGL’s existing CGD play. ATGL has commissioned its first CBG station at Varanasi.
ATGL said it is also in the process of moving all its businesses from applications to a single platform called SOUL.
“It is a Digital Business Platform catering, inter alia, to all aspects of our CGD, EV and our Biomass business. a. Connecting all our businesses with SOUL will lead to transformational efficiencies, enhancing business KPIs and optimising cost on a continual basis setting newer benchmarks for the industry,” said Manglani.