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Adani’s E-Mobility arm ATEL invests Rs 100-cr to build EV charging points

Tuesday, 06 May 2025
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Adani TotalEnergies E-Mobility (ATEL), a subsidiary of Adani Total Gas, has invested over Rs 100 crore in the last 18 months to install 3,400 electric vehicle (EV) charging points across India. The company is now aiming to add an additional 2,000 charging points this year as part of its nationwide expansion.

Of the installed units, 2,338 have been energised and opened to the public, with operations spread across 26 states and 230 cities. ATEL has rapidly emerged as a major player in India’s EV infrastructure landscape and is currently the number one Airport Charge Point Operator (CPO) in the country. It has established a presence at 21 airports with more than 100 charging points.

The company's growth trajectory includes deploying five EV chargers per day last year and achieving EBITA-positive status in its e-mobility operations. The planned investment will support the development of an additional 1,500 to 2,000 charging points, including those nearing commissioning. ATEL’s network has shown higher utilisation in the B2B segment compared to B2C, and the company is building infrastructure at strategic locations to serve both markets effectively. 

Adani Total Gas incurred a capital expenditure of around Rs 900 crore during FY25 and expects to maintain a similar capex in the current financial year to support growth across its clean energy ventures.

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