Adani Total Gas Limited (AGTL) has entered into a Memorandum of Understanding (MoU) with Flipkart, an ecommerce company owned by Walmart. The aim is to align with Flipkart’s vision of diminishing the carbon footprint associated with the transportation of goods across sourcing locations, warehouses, and customers in the primary, secondary, and tertiary stages.
In accordance with the Memorandum of Understanding (MoU), ATGL will furnish decarbonization solutions to the prominent ecommerce entity. These solutions will facilitate its transition towards adopting cleaner fuel alternatives such as natural gas and the incorporation of electric vehicles.
Adani TotalEnergies E-Mobility Limited (ATEL), a fully owned subsidiary of ATGL, will install electric vehicle (EV) charging infrastructure across Flipkart’s nationwide supply chain. This deployment will encompass warehouses and logistics sites throughout India.
The objective is to decarbonize the ecommerce logistics sector, which handles over 8 million shipments daily, through this collaboration. ATGL and Flipkart stated that moving forward, this volume is expected to increase, necessitating carefully devised solutions to diminish the related carbon emissions.
Commenting on the development, Hemant Badri, SVP and head of supply chain, customer experience, and 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.”
Flipkart is of the opinion that partnering with ATGL will play a crucial role in advancing the company’s net-zero objectives and accelerating the full electrification of its fleet. This constitutes a pivotal element of Flipkart’s broader sustainability vision, as highlighted by Badri.
This marks the second agreement inked by ATEL in 2023. Earlier in the year, it disclosed a collaboration with the electric cab aggregator Evera to establish an electric vehicle (EV) charging super hub in Samalkha, New Delhi. This hub is set to include the integration of 200 charging points. As part of the arrangement, the two companies are also strategizing the installation of AC and DC charging stations along crucial highways, workplaces, and other strategic locations.
The recent development follows reports of Flipkart’s intention to secure a funding of $1 billion, including a significant commitment of $600 million from Walmart. According to media sources, this funding round is expected to involve not only Walmart and current stakeholders but also new investors.
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