SUMMARY
Under the MoU, Adani TotalEnergies E-Mobility Limited (ATEL) will deploy EV charging infrastructure at Flipkart’s pan India supply chain, including at warehouses and logistics locations
ATGL will provide decarbonising solutions to the ecommerce major which will support its journey to switch to cleaner fuel options, including natural gas, and the introduction of electric vehicles
The idea is to decarbonise the ecommerce logistics segment which counts for more than 8 Mn shipments per day, through this partnership
Adani Total Gas Limited (AGTL) has signed a Memorandum of Understanding (MoU) with Walmart owned ecommerce company Flipkart, to support its vision to reduce carbon footprint in the primary, secondary and tertiary movements of goods between sourcing locations, warehouses, and customers.
Under the MoU, ATGL will provide decarbonising solutions to the ecommerce major which will support its journey to switch to cleaner fuel options, including natural gas, and the introduction of electric vehicles.
Adani TotalEnergies E-Mobility Limited (ATEL), which is a wholly owned subsidiary of ATGL, will deploy EV charging infrastructure at Flipkart’s pan India supply chain, including at warehouses and logistics locations.
The idea is to decarbonise the ecommerce logistics segment which counts for more than 8 Mn shipments per day, through this partnership. In a statement, ATGL and Flipkart said that going ahead, this volume is only set to grow further and requires well thought of solutions to reduce associated 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 believes that the collaboration with ATGL will play an important role in supporting the company’s net-zero goals and catalysing the complete electrification of its fleet, which is a key part of Flipkart’s larger sustainability vision, Badri added.
This is the second such deal signed by ATEL in 2023. Earlier this year, it announced partnership with electric cab aggregator Evera to set up an electric vehicle (EV) charging super hub at Samalkha in New Delhi, which will feature an integration of 200 charging points. As a part of the deal, the two companies are also planning to set up AC and DC charging stations on key highways, workplaces, and other locations.
The development comes days after Flipkart was reported to be planning to raise $1 Bn funding, with Walmart’s commitment of $600 Mn. Media reports suggest that this round will see participation from new investors in addition to Walmart and existing stakeholders.
