GreenLine aims to decarbonise India’s transportation sector, which contributes nearly 15 per cent of the country’s total carbon emission
GreenLine Mobility Solutions, an Essar Group venture, on Thursday announced a $275 million equity investment to accelerate the decarbonisation of heavy trucking in India.
The investment in the company, which is India’s first LNG and electric-powered heavy commercial trucking operator, includes a $20 million investment from investor and entrepreneur, Nikhil Kamath.
GreenLine aims to decarbonise India’s transportation sector, which contributes nearly 15 per cent of the country’s total carbon emission, the company said.
Future plans
“The funding will enable the deployment of over 10,000 LNG and EV trucks, along with the establishment of a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities. This comprehensive initiative aims to reduce 1 million tonnes of carbon emissions annually,” it added.
Essar Director, Anshuman Ruia said, “We see this as an opportunity to not only build the green mobility ecosystem, but also, in the future, invest in clean energy sources to power our electric trucks. This integrated approach will significantly reduce emissions, cut down on energy imports, and help drive India towards achieving a more sustainable, energy-secure future.”
India’s road logistics sector, with over 4 million trucks already in operation and continuing to grow, remains one of the country’s most carbon-intensive industries.
GreenLine offers its logistics services at cost parity with diesel trucks, ensuring that customers can reduce carbon emissions without incurring any additional costs.
GreenLine Mobility Solutions, CEO Anand Mimani, said, “GreenLine has been at the forefront of decarbonising India’s heavy trucking industry, making significant progress from the very start. We request India Inc. to embrace this evolving landscape and actively support the transition towards a greener and more sustainable future for all.”
Kamath emphasised that the logistics industry needs to evolve — faster, cleaner, and smarter. Green mobility is not just a trend. It is the inevitable future. More companies need to take the leap, adopt green technology and rethink how to move goods at scale.
Published on April 10, 2025
