Blue Energy to invest Rs 35 billion in green truck plant
ECONOMY & POLICY

Blue Energy to invest Rs 35 billion in green truck plant

Blue Energy Motors has signed an agreement with the Maharashtra government to establish a large-scale manufacturing facility for LNG and electric heavy-duty trucks.

With an investment commitment of Rs 35 billion, the project aims to produce 30,000 units over the next five years, reinforcing India’s transition toward sustainable logistics and cleaner transportation.

New Facility to Boost Green Truck Production

The upcoming manufacturing unit in Maharashtra will have a planned capacity of 30,000 trucks. Blue Energy has already invested USD 50 million in its operations and aims to cumulatively sell 30,000 heavy-duty electric and LNG-powered trucks in the next five years.

Launch of First Heavy-Duty Electric Truck and Corridor

Blue Energy recently rolled out its first heavy-duty electric truck equipped with battery swapping technology. Alongside the launch, it inaugurated India’s first electric highway corridor between Pune and Mumbai, marking a significant milestone for green freight transport.

The corridor forms part of Blue Energy’s goal to electrify major national highways across India within three years, creating a nationwide green logistics network.

Maharashtra’s Push Toward Sustainable Mobility

The new electric corridor was inaugurated by Maharashtra Chief Minister Devendra Fadnavis, who described the launch as a defining moment for freight transportation.

He noted that the initiative aligns with the state’s vision for sustainable innovation and complements India’s broader objectives under Atmanirbhar Bharat.

Existing Operations and Market Presence

Blue Energy currently operates a manufacturing facility in Chakan, Pune, with an annual capacity of 10,000 trucks. Over 1,000 LNG-powered trucks are already operational across India, giving the company a 60 per cent share in the domestic green truck segment.

Backed by Essar and FPT Industrial (Iveco Group), Blue Energy introduced its first LNG truck in 2022.

Step Toward a Low-Carbon Future

This latest investment underscores Blue Energy’s commitment to green mobility, leveraging clean energy technologies and sustainable infrastructure. By focusing on LNG and electric heavy trucks, the company aims to accelerate India’s low-carbon and resilient freight ecosystem.

The partnership with the Maharashtra government marks a major step in expanding India’s green logistics network. Through strategic investment, technological innovation, and infrastructure expansion, Blue Energy is positioning itself as a key contributor to India’s decarbonisation journey.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Blue Energy Motors has signed an agreement with the Maharashtra government to establish a large-scale manufacturing facility for LNG and electric heavy-duty trucks. With an investment commitment of Rs 35 billion, the project aims to produce 30,000 units over the next five years, reinforcing India’s transition toward sustainable logistics and cleaner transportation. New Facility to Boost Green Truck Production The upcoming manufacturing unit in Maharashtra will have a planned capacity of 30,000 trucks. Blue Energy has already invested USD 50 million in its operations and aims to cumulatively sell 30,000 heavy-duty electric and LNG-powered trucks in the next five years. Launch of First Heavy-Duty Electric Truck and Corridor Blue Energy recently rolled out its first heavy-duty electric truck equipped with battery swapping technology. Alongside the launch, it inaugurated India’s first electric highway corridor between Pune and Mumbai, marking a significant milestone for green freight transport. The corridor forms part of Blue Energy’s goal to electrify major national highways across India within three years, creating a nationwide green logistics network. Maharashtra’s Push Toward Sustainable Mobility The new electric corridor was inaugurated by Maharashtra Chief Minister Devendra Fadnavis, who described the launch as a defining moment for freight transportation. He noted that the initiative aligns with the state’s vision for sustainable innovation and complements India’s broader objectives under Atmanirbhar Bharat. Existing Operations and Market Presence Blue Energy currently operates a manufacturing facility in Chakan, Pune, with an annual capacity of 10,000 trucks. Over 1,000 LNG-powered trucks are already operational across India, giving the company a 60 per cent share in the domestic green truck segment. Backed by Essar and FPT Industrial (Iveco Group), Blue Energy introduced its first LNG truck in 2022. Step Toward a Low-Carbon Future This latest investment underscores Blue Energy’s commitment to green mobility, leveraging clean energy technologies and sustainable infrastructure. By focusing on LNG and electric heavy trucks, the company aims to accelerate India’s low-carbon and resilient freight ecosystem. The partnership with the Maharashtra government marks a major step in expanding India’s green logistics network. Through strategic investment, technological innovation, and infrastructure expansion, Blue Energy is positioning itself as a key contributor to India’s decarbonisation journey.

Next Story
Real Estate

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..

Next Story
Real Estate

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement