February 20, 2024

The corporate stated it has commissioned 329 EV charging factors throughout 10 states and extra 1050 plus EV charging factors are beneath building. With these EV community will probably be unfold throughout which 20 states, 130 cities, it added.

Adani Whole Fuel on January 30 stated its consolidated internet revenue for the quarter ended December 2023 rose 17.61 % to Rs 176.64 crore, up from Rs 150.19 crore in the identical quarter final 12 months.

Its income from operations stood at Rs 1,244 crore, registering a progress of 4.93 % from Rs 1,185.50 crore within the corresponding quarter final fiscal, the corporate stated in an alternate submitting. This was impacted resulting from a discount in fuel value particularly Administered Pricing Mechanism (APM) fuel as the corporate handed on the advantage of APM fuel worth discount to shoppers which resulted in decrease gross sales worth.

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EBITDA of the corporate was at Rs 301 crore, growing by 26 % 12 months on 12 months, on account of upper quantity and balanced worth technique, the agency stated.

“With the growth of CGD infrastructure, along with ceasing alternative within the areas of e-mobility, biomass, and LNG for Transport & Mining (LTM), ATGL has as soon as once more delivered a double-digit progress in volumes of 13 % YoY each month,” stated Suresh P Manglani, ED & CEO of Adani Whole Fuel.

“With our client centricity method, other than e-mobility and biomass (CBG) we are actually additionally embarking upon LNG for Transport & Mining (LTM). ATGL will present decarbonising options for numerous entities and assist in decreasing carbon footprint. Our technique will probably be to supply a wider vary of cleaner vitality gas to all our shoppers”.

The corporate stated it has commissioned 329 EV charging factors throughout 10 states and extra 1050 plus EV charging factors are beneath building. These EV networks will probably be unfold throughout 20 states, and 130 cities, it added.

Updating on one other mission, it stated Part-1 (225 Tonnes Per Day or TPD) of 600 TPD biomass plant in Barsana is anticipated to be commissioned by the top of March 2024. Alternatively, the preparatory work on the five hundred TPD municipal stable waste mission awarded by Ahmedabad Municipal Company has already commenced, it added.