Joint Venture between TotalEnergies (37.4% share) and Adani.
In partnership with Adani, TotalEnergies ranks among the four biggest municipal gas distributors in the country. Adani Total Gas Ltd (ATGL) operates in 34 geographical areas and another 19 through its participation in Indian Oil Adani Gas Pvt Ltd (IOAGPL), a 50/50 CGD JV between Indian Oil and Adani Total Gas Ltd. The company has a network of CNG stations to provide clean fuel for transportation that can be expanded in the future to include alternative fuels such as LNG and green hydrogen.
ATGL has formed a Special Purpose Vehicle (SPV) - Adani TotalEnergies E-Mobility Limited (ATEL) to focus exclusively on developing the Electric Vehicles (EV) ecosystem in India, offering EV charging services to E4W, E-Buses and B2B segments, with a pan-India focus.
Adani TotalEnergies Biomass Limited (ATBL) is a 100% ATGL-owned SPV dedicated to the development of biogas activities in India. ATBL is currently building a biogas plant in Barsana, Uttar Pradesh, which will consume a mix of cow manure, paddy straw and press mud as feedstock. Currently the first phase of the project is operational and ramping up to produce 10 tons per day of compressed biogas by end 2024. Along with this, 2 additional biogas projects in Ahmedabad and Rajkot in Gujarat are under development with more sites being identified all over the country.
