TrucksUp, IndianOil launch smart fleet card for logistics firms

09 May 2025 CW Team

Logistics tech firm TrucksUp has partnered with Indian Oil Corporation Ltd (IndianOil) to introduce the XTRAPOWER-Fleet Card, a digital fuel and fleet management solution tailored for transport and logistics operators.

Through a Memorandum of Understanding (MoU), the companies aim to offer fleet operators, MSMEs, and corporates an integrated platform for managing fuel expenses, tracking transactions, and optimising operational costs. The card ensures seamless digital transactions and access to IndianOil’s network of over 40,000 outlets.

Key features include 24/7 recharge via multiple payment methods (RTGS, UPI, NEFT, credit cards), flexible credit options through NBFCs, loyalty rewards including 0.40% cashback, and insurance coverage for drivers and one co-traveller. It also supports B2B system integration for streamlined operations.

TrucksUp users will benefit from real-time tracking, improved asset utilisation, and reduced cash dependency—factors crucial to enhancing logistics efficiency.

“This collaboration simplifies fleet operations with a secure and smart payment system,” said Sarthak Elwadhi, Co-founder, TrucksUp. IndianOil’s support and TrucksUp’s tech-driven approach aim to transform how transport businesses manage fuel and finances.

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..