Gentari signs MoUs with MoEVing, Gati to reinforce India commitment

 Collaborations with MoEVing, Gati and Tata Motors to strengthen green mobility portfolio

NEW DELHI, India – 27 March 2023 – Clean energy solutions provider Gentari is maintaining its steady pace in delivering decarbonisation to key markets globally. In India, its green mobility arm is catalysing growth via a series of partnerships and investments.

Gentari, through its affiliated entity Amplus Power Supply Private Limited, signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, in 2022, whereby the latter will deliver 5,000 units of Tata Ace EV – India’s most advanced, zero-emission, four-wheel small commercial vehicle, over three years. The MoU includes delivery of 1,000 units in the first year, for deployment in cities such as Delhi, Bengaluru, Hyderabad, Pune and Kolkata. To mark the delivery of the first batch of 100 trucks throughout March and April this year, a vehicle handover ceremony was held at the 8th Smart Cities India Expo – where Gentari is the official Green Mobility Solutions partner, between Shah Yang Razalli, Gentari’s Chief Green Mobility Officer and Ashish Tandon, Senior General Manager, Product Line – SCV&PUs, Tata Motors.

Gentari further expanded its Vehicle-as-a-Service (VaaS) offering through a MoU with electric mobility provider MoEVing Urban Technology Private Limited (MoEVing) to provide 1,000 three-wheeler and 500 four-wheeler electric cargo vehicles on subscription. The document exchange ceremony held during the 8th Smart Cities India Expo saw Gentari represented by its Chief Executive Officer for green mobility solutions in India, Abhishek Dabas, while MoEVing was represented by its Founder and CEO, Vikash Mishra.

“High quality electric four-wheelers coming into the market opens a whole new segment to electrify in the urban delivery ecosystem. We are excited to work with Gentari to deploy three- and four-wheeler commercial electric vehicles across India to reduce the carbon footprint of deliveries. With our operations, charging and maintenance footprint spanning across India, we hope to bring change on-ground and electrify deliveries for e-commerce, e-grocery, the logistics segment and now also large FMCG and traditional companies,” Vikash Mishra, MoEVing’s CEO said.

Separately, Gentari also exchanged MoU documents with logistics company Gati KWE (Gati) to provide 500 electric cargo vehicles through its VaaS offering. Gentari was again represented by Abhishek Dabas, while Gati was represented by its Chief Transformation Officer, Charles Devlin D’Costa.

Commenting on the association, Mr Pirojshaw Sarkari, CEO of Gati Ltd (An AllCargo Group Company), said, “We are committed to our vision to offer green express logistics solutions and support the government’s goal to cut the net carbon emissions to zero by 2070. As a part of our ESG initiatives, we have plans to convert our entire pickup and delivery fleet to alternative fuel by 2025. The collaboration with Gentari will help us accelerate the transition and attain our sustainability goals. We are committed to build a sustainable express logistics ecosystem.”

 

Fast-paced green mobility growth

Gentari’s green mobility efforts in India have achieved significant milestones, with its VaaS offering having clocked three million clean kilometres, equivalent to more than 100 tonnes of carbon dioxide emissions reduction, through its current fleet of approximately 1,000 three-wheeler EVs serving third party logistics and ecommerce operators as well as private users. In 2023, Gentari aims to further grow its EV fleet to more than 4,000 vehicles across ten cities with a mix of three- and four-wheeler vehicles. Meanwhile, from a current network of seven charging hubs operating in four cities at the end of 2022, Gentari targets to grow the number of hubs to 10 cities in 2023, expanding the current 162 charging points deployed in 2022.

Expanding sustainable energy footprint

Across India, Gentari’s renewable energy footprint has been established via Amplus Solar, now comprising a portfolio of more than 1.4 GW of distributed solar assets serving over 300 Indian and multinational companies, particularly in the commercial and industrial (C&I) sector. Amplus renewable energy plants are expected to cumulatively abate 38.48 million metric tonnes of carbon dioxide over their operational lifetime, equivalent to 44.12 million mature trees absorbing carbon dioxide for 40 years – even as they supply 33.32 billion units of clean electricity for local needs in India. Moving forward, Gentari aims to grow all three of its core pillars in the country: fortifying its presence not only in C&I but also in utility-scale renewables, collaborating to propel its green hydrogen ambitions, and expanding its green mobility footprint. Gentari will also pursue opportunities where it can offer integrated clean energy solutions in India.

Complementing global goals

Gentari’s plans in India complement the company’s 2030 global aspirations in building a renewable energy capacity of 30-40 GW; supplying up to 1.2 mtpa of clean hydrogen; and becoming Asia Pacific’s preferred green mobility solutions provider by capturing 10% market share (around 25,000 charging points) across key markets in the region.

Sushil Purohit, Gentari’s Chief Executive Officer, who was also present at the expo said: “We see vast potential in India’s increasingly decentralised energy infrastructure. This offers opportunities for global private players to participate in supporting India’s net zero goals. With a purpose to solve the world’s most pressing sustainable energy needs via our three core pillars – Renewable Energy, Hydrogen and Green Mobility, Gentari believes this is the right time to grow our investments in India.”

“Gentari has several initiatives in the pipeline. We look forward to announcing new developments soon and always welcome enquiries from like-minded entities on potential collaborations,” Sushil concluded.