Adani Total Gas gains on bagging LoA for eight EV charging stations

12 Dec 2022 , 11:51 AM

The contract involves supply, installation, testing, commissioning, operation and maintenance of electric vehicle charging stations in eight cities (Ahmedabad, Bengaluru, Chennai, Delhi, Kolkata, Mumbai, Pune and Surat) on build, own and operate (BOO) model for a period of eight years. The announcement was made during market hours today. Adani Total Gas is one of Indias leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector. The companys consolidated net profit rose 1.2% to Rs 160.02 crore on 72.1% jump in revenue from operations to Rs 1,115.50 crore in Q2 FY23 over Q2 FY22.Powered by Capital Market – Live News