Summary:
GreenLine Mobility Solutions, an Essar subsidiary, announced intentions to invest Rs. 1,500 crore (US$167 million) over the next three years to extend its LNG-powered trucking operations across the country, which will significantly strengthen India's green logistics sector. The company wants to build 50 LNG filling stations across the country and expand its network to over 10,000 LNG and electric vehicles. Currently, it operates about 1,000 trucks powered by EVs and LNG along important freight corridors that serve sectors including chemicals, steel, cement, mining, and FMCG. According to GreenLine, LNG trucks' superior mileage over diesel vehicles can result in fuel savings of up to 20% for long-distance transportation. The program promotes freight mobility in India that is more energy-secure, efficient, and clean.
Source: IBEF
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