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Adani Total Gas Ltd
BSE Code 542066 ISIN Demat INE399L01023 Book Value (₹) 32.40 NSE Symbol ATGL Div & Yield % 0.03 Market Cap ( Cr.) 94,732.14 P/E * 145.01 EPS * 5.94 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Adani Total Gas signs MoU with Flipkart Back
(27 Dec 2023)
Adani Total Gas (ATGL) and Flipkart 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 Total Energies E-Mobility (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.