Adani Total Gas Teams Up with Flipkart for Eco-Friendly E-commerce Logistics
Adani Total Gas Limited (AGTL) and Flipkart, the Walmart-owned e-commerce giant, have signed a Memorandum of Understanding (MoU) to collaborate on reducing carbon emissions in the transportation of goods. Their partnership targets tackling the carbon footprint associated with moving products from their origins to warehouses and ultimately to customers. AGTL will offer decarbonization solutions to Flipkart, encompassing the adoption of cleaner fuel alternatives like natural gas and the integration of electric vehicles (EVs). To implement this initiative, Adani TotalEnergies E-Mobility Limited (ATEL), an AGTL subsidiary, will oversee the installation of EV charging infrastructure across Flipkart's supply chain network in India, spanning warehouses and logistics facilities.
The joint effort is aimed at the e-commerce logistics sector, which manages over 8 million daily shipments. AGTL and Flipkart acknowledge the escalating shipment volumes in this sector and the urgent need for sustainable measures to curb carbon emissions. Hemant Badri, SVP and head of supply chain, customer experience, and re-commerce at Flipkart Group, highlighted the company's dedication to sustainability. He expressed Flipkart's intent to integrate cleaner energy solutions and electric vehicles within its logistics operations. Badri stressed the significance of the AGTL partnership in fulfilling Flipkart's sustainability objectives, particularly the complete transition to an electrified fleet.
This collaboration signifies the second significant alliance for ATEL in 2023. Earlier in the year, ATEL disclosed a partnership with the electric cab aggregator Evera to establish a New Delhi-based EV charging super hub housing 200 charging points. Both companies also plan to install AC and DC charging stations along highways, workplaces, and other sites. This announcement coincides with reports of Flipkart's intentions to raise $1 billion in funding, with substantial support from Walmart. Anticipated to attract fresh investors alongside Walmart and existing stakeholders, this funding round underscores continued backing and investment in Flipkart's endeavors.
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