Gadkari Opens India’s First Battery Swap Station for Trucks
ECONOMY & POLICY

Gadkari Opens India’s First Battery Swap Station for Trucks

Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday inaugurated India’s first commercial electric truck battery swapping-cum-charging station, developed by Energy in Motion. The facility is located at the Delhi International Cargo Terminal Private Limited (DICT) in Panchi Gujran village, Haryana.

Calling the initiative “historic”, Gadkari highlighted that India spends nearly Rs 25 trillion annually on fuel imports. “If we save this money by using alternative energy, it can be reinvested in India’s development and help us move faster towards becoming a developed nation,” he said.

According to an official release, the government is prioritising efforts to reduce India’s logistics costs, targeting a single-digit rate — below 9 per cent — by December 2026. Gadkari noted that achieving this goal will involve strengthening the national highway network and integrating multi-modal infrastructure across waterways, rail, and road transport systems.

Lower logistics costs, he said, will not only benefit industrialists and traders but also reduce transportation expenses for farmers, improving agricultural profitability.

Reaffirming Prime Minister Narendra Modi’s vision of establishing India as a global green energy hub, Gadkari underscored the importance of agriculture-based energy production. He noted that the government has recently permitted ethanol production from maize, which has increased demand and driven prices up from Rs 12,000 to Rs 28,000 per tonne.

“Under the leadership of Prime Minister Modi, the government’s goal is to make farmers not only providers of food but also producers of energy. The real strength of India’s economy lies in its villages and farmers — if they prosper, the entire nation will naturally become self-reliant,” Gadkari said.

He added that the government is actively promoting agri-based industries and biofuel sectors, with ongoing projects in ethanol, bio-CNG, bio-LNG, and green hydrogen. These initiatives aim to increase farmers’ incomes while addressing environmental challenges such as stubble burning through biofuel production from sugarcane, paddy straw, and other crop residues.

Union Minister for Heavy Industries and Steel H. D. Kumaraswamy, who was also present at the event, said India is advancing rapidly towards its goal of becoming a developed nation by 2047. He highlighted the crucial role of heavy vehicles in freight transport and the potential of biofuel-powered alternatives to reduce logistics costs and curb pollution.

“The future lies in biofuels rather than diesel and petrol,” Kumaraswamy stated. He also noted that under Prime Minister Modi’s leadership, the government has launched the PM E-Drive (PM Electric Drive Revolution in Innovative Vehicle Enhancement) scheme to accelerate electric vehicle adoption across all categories, expand EV-charging infrastructure, and build a robust domestic EV manufacturing ecosystem in line with the Atmanirbhar Bharat vision.

Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday inaugurated India’s first commercial electric truck battery swapping-cum-charging station, developed by Energy in Motion. The facility is located at the Delhi International Cargo Terminal Private Limited (DICT) in Panchi Gujran village, Haryana. Calling the initiative “historic”, Gadkari highlighted that India spends nearly Rs 25 trillion annually on fuel imports. “If we save this money by using alternative energy, it can be reinvested in India’s development and help us move faster towards becoming a developed nation,” he said. According to an official release, the government is prioritising efforts to reduce India’s logistics costs, targeting a single-digit rate — below 9 per cent — by December 2026. Gadkari noted that achieving this goal will involve strengthening the national highway network and integrating multi-modal infrastructure across waterways, rail, and road transport systems. Lower logistics costs, he said, will not only benefit industrialists and traders but also reduce transportation expenses for farmers, improving agricultural profitability. Reaffirming Prime Minister Narendra Modi’s vision of establishing India as a global green energy hub, Gadkari underscored the importance of agriculture-based energy production. He noted that the government has recently permitted ethanol production from maize, which has increased demand and driven prices up from Rs 12,000 to Rs 28,000 per tonne. “Under the leadership of Prime Minister Modi, the government’s goal is to make farmers not only providers of food but also producers of energy. The real strength of India’s economy lies in its villages and farmers — if they prosper, the entire nation will naturally become self-reliant,” Gadkari said. He added that the government is actively promoting agri-based industries and biofuel sectors, with ongoing projects in ethanol, bio-CNG, bio-LNG, and green hydrogen. These initiatives aim to increase farmers’ incomes while addressing environmental challenges such as stubble burning through biofuel production from sugarcane, paddy straw, and other crop residues. Union Minister for Heavy Industries and Steel H. D. Kumaraswamy, who was also present at the event, said India is advancing rapidly towards its goal of becoming a developed nation by 2047. He highlighted the crucial role of heavy vehicles in freight transport and the potential of biofuel-powered alternatives to reduce logistics costs and curb pollution. “The future lies in biofuels rather than diesel and petrol,” Kumaraswamy stated. He also noted that under Prime Minister Modi’s leadership, the government has launched the PM E-Drive (PM Electric Drive Revolution in Innovative Vehicle Enhancement) scheme to accelerate electric vehicle adoption across all categories, expand EV-charging infrastructure, and build a robust domestic EV manufacturing ecosystem in line with the Atmanirbhar Bharat vision.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->