Ampvolts Wins EV Freight Deal With GHCL in Gujarat

01 Sep 2025 CW Team

Ampvolts Limited, a leading Indian electric vehicle infrastructure and green mobility solutions provider, has secured a long-term logistics contract from GHCL Limited for the transportation of imported commodities from Pipavav Port to GHCL’s factory in Sutrapada, Gujarat. Under the terms of the agreement, Ampvolts will deploy 10 electric trucks with a capacity of 55 tonnes each, operating through one of GHCL’s empanelled Local Service Providers (LSPs).

This agreement ensures a Minimum Usage Guarantee (MUG) for Ampvolts’ charging stations along the designated route, supporting a steady revenue stream and healthy EBITDA margins for the company. The deployment also aligns with broader ESG goals, supporting carbon footprint reduction through zero-emission trucking (ZET) operations.

Commenting on the partnership, Mr Vipul Chauhan, Managing Director of Ampvolts Limited, said, “We greatly appreciate the visionary leadership of Mr P. N. Rao, Vice President – Commercial at GHCL, whose commitment to developing a green freight corridor in Gujarat has been instrumental. This collaboration gives us a platform to demonstrate a fully sustainable logistics solution, delivering Zero Emission Trucking while supporting ESG compliance.”

He further added, “Our strength lies in building tailored EV charging infrastructure, and we have already identified strong local partners to support this corridor. Our scalable charging solutions are ready to handle both current demand and future increases in EV freight traffic. We are committed to offering a reliable, long-term ecosystem for green mobility to corporate clients like GHCL.”

The deal marks a significant step forward in decarbonising industrial logistics in western India and reinforces Ampvolts’ growing presence in the commercial EV and infrastructure segment.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..