GreenLine to add 1,500 LNG trucks in India
OIL & GAS

GreenLine to add 1,500 LNG trucks in India

GreenLine, a provider of green mobility solutions, is to add 1,500 liquefied natural gas (LNG) trucks to its fleet in the current financial year, which ends in March 2024.

The company, which is part of the Essar Group, aims to decarbonise heavy trucking in India and is leading the way in the adoption of LNG-powered freight transportation. LNG offers better fuel efficiency than diesel, which can lead to lower operating costs.

"By March 2024, GreenLine will have deployed 1,500 LNG-powered trucks," said Anand Mimani, CEO of GreenLine. "We currently have around 100-110 vehicles on the road, as well as 66 CNG and LNG tankers."

Mimani explained that the idea behind GreenLine was to decarbonise the entire logistics value chain. The company started out with CNG vehicles (Tata 151 and Eicher vehicles), which have a maximum weight carrying limit of 15 tonnes.

"We want to move LNG as a fuel and we are one of the biggest virtual pipeline movers of LNG in India," said Mimani. "It has been a good learning curve. We partnered with Shell and learnt a lot."

In terms of financing for LNG-powered trucks, Mimani said that the vehicles have so far been purchased through the company's equity.

"We are in talks with banks and non-banking financial companies (NBFCs) that specialise in truck financing," he said. "We have just secured a small opening with one NBFC (TVS Credit), which has agreed to fund these vehicles. We are also in discussions with other banks, such as HDFC and ICICI."

Mimani added that a 55-tonne LNG truck can be used in a variety of industry segments, such as chemicals, metals, and FMCG.

Also read
Kaloor-Kadavanthra road revamp: A major city attraction
Jalpaiguri Municipality seeks funds for road renovation

GreenLine, a provider of green mobility solutions, is to add 1,500 liquefied natural gas (LNG) trucks to its fleet in the current financial year, which ends in March 2024. The company, which is part of the Essar Group, aims to decarbonise heavy trucking in India and is leading the way in the adoption of LNG-powered freight transportation. LNG offers better fuel efficiency than diesel, which can lead to lower operating costs. By March 2024, GreenLine will have deployed 1,500 LNG-powered trucks, said Anand Mimani, CEO of GreenLine. We currently have around 100-110 vehicles on the road, as well as 66 CNG and LNG tankers. Mimani explained that the idea behind GreenLine was to decarbonise the entire logistics value chain. The company started out with CNG vehicles (Tata 151 and Eicher vehicles), which have a maximum weight carrying limit of 15 tonnes. We want to move LNG as a fuel and we are one of the biggest virtual pipeline movers of LNG in India, said Mimani. It has been a good learning curve. We partnered with Shell and learnt a lot. In terms of financing for LNG-powered trucks, Mimani said that the vehicles have so far been purchased through the company's equity. We are in talks with banks and non-banking financial companies (NBFCs) that specialise in truck financing, he said. We have just secured a small opening with one NBFC (TVS Credit), which has agreed to fund these vehicles. We are also in discussions with other banks, such as HDFC and ICICI. Mimani added that a 55-tonne LNG truck can be used in a variety of industry segments, such as chemicals, metals, and FMCG. Also read Kaloor-Kadavanthra road revamp: A major city attraction Jalpaiguri Municipality seeks funds for road renovation

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code