# Petronas unit Gentari puts Indian EV charging business up for sale

2026-08-12T18:48:21+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Petronas subsidiary Gentari has put its Indian green mobility unit, Gentari Green Mobility India, up for sale, Economic Times reports. The Gurgaon-based company operates 3,000 electric vehicle charging points across 11 states, both independently and with Shell Plc. It has an authorised share capital of Rs 24.25 crore. The sale process has just begun and no bidders have been contacted yet, sources said. This comes after an attempt to sell a minority stake in Gentari's Indian renewable generation unit last year did not materialise. In a comparable deal, Macquarie bought a stake in Chargezone in 2023 at a reported valuation of around Rs 1,500 crore for about 3,500 charging points.

## Coverage

- auto.economictimes.indiatimes.com <https://auto.economictimes.indiatimes.com/news/industry/petronas-arm-gentari-puts-india-ev-charging-business-up-for-sale/133167789>

Tags: electric vehicles, EV charging, Gentari, India, Petronas, sale
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