Deepak Fertilisers inks pact with Petronet LNG for regasification
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has forged a five-year agreement with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). Petronet LNG will regasify around 25 TBTUs of LNG annually, mainly at its Dahej terminal.
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Time of India
a day ago
- Time of India
Essar's GreenLine in Rs 400 crore deal to decarbonise Hindustan Zinc Limited logistics
Representative image NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group's GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter's advanced electric (EV) and trucks powered by liquefied natural gas (LNG). The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the company's mines and smelters. Simultaneously, a commercial-scale battery swapping infrastructure will also be set up with three high-capacity stations to ensure round-the-clock operations. Additionally, GreenLine will add 100 LNG trucks to double Hindustan Zinc's current low-carbon fleet for long-haul finished goods transport. 'This large-scale deployment of EVs and LNG trucks will deliver cost efficiencies through discounted freight rates. It is estimated to reduce approximately 236 metric tonnes of CO₂ emissions per month, equivalent to planting around 12,000 trees,' HZL chief executive Arun Misra said. 'This initiative is expected to reduce about 1,50,000 tonnes of Scope 3 emissions annually, advancing HZL's 2050 net-zero commitment by 2050 or sooner, and support India's green growth ambitions,' he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo 'This deployment with Hindustan Zinc reflects our shared urgency to decarbonise logistics at scale, setting a scalable model for industrial decarbonization across sectors. With our LNG and EV fleet manufactured by Blue Energy Motors, we're bringing together innovation, sustainability, and real-world impact in a way that's practical and powerful for industry," GreenLine CEO Anand Mimani said. GreenLine currently operates over 650 LNG trucks, serving clients across FMCG, e-commerce, metals & mining, cement, oil & gas, and chemicals. Its fleet has covered more than 50 million kilometres, cutting over 14,000 tonnes of CO₂ emissions. The company plans to expand to more than 10,000 clean trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging hubs, and battery swapping facilities — an integrated green mobility ecosystem aiming to cut carbon emissions by up to 1 million tonnes annually. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
a day ago
- Time of India
Hindustan Zinc expands green logistics partnership with GreenLine Mobility
Hindustan Zinc Limited has signed a contract with GreenLine Mobility Solutions to expand the deployment of electric and liquefied natural gas (LNG) trucks in its logistics network. The move forms part of the company's broader strategy to decarbonise its operations and supply chain. Under the agreement, GreenLine will invest ₹400 crore to deploy 100 electric trucks and establish a battery swapping system for concentrate transportation between Hindustan Zinc's mines and smelters. The system includes three high-capacity battery swapping stations to enable continuous operations. This marks the country's first commercial-scale battery swapping infrastructure for concentrate logistics. In parallel, the partnership will add 100 LNG trucks to Hindustan Zinc's fleet, bringing the total to 200 vehicles for long-haul transport of finished goods. Arun Misra, CEO, Hindustan Zinc Limited, said, 'This large-scale deployment of EVs and LNG trucks, a bold step in our journey to net zero, solidifies our dedication to driving meaningful impact through innovative green logistics solutions and strategic partnerships, shaping a cleaner, more sustainable supply chain.' Emission reduction targets and operational impact The expansion is expected to cut approximately 236 metric tonnes of CO₂ emissions each month, equivalent to planting 12,000 trees, and reduce Scope 3 emissions by around 1,50,000 tonnes annually. This supports the company's goal of achieving net zero emissions by 2050 or earlier. Anand Mimani, CEO, GreenLine Mobility, said, 'Clean transport isn't a future option, it's today's responsibility. This deployment with Hindustan Zinc powerfully reflects our shared urgency to decarbonise logistics at scale, setting a scalable model for industrial decarbonisation across sectors.'
Indian Express
a day ago
- Indian Express
Hindustan Zinc to deploy 100 EVs in partnership with GreenLine Mobility
Hindustan Zinc Limited (HZL) has launched one of the country's largest green logistics transitions in partnerships with GreenLine Mobility Solutions Ltd. With this collaboration, HZL has accelerated push towards achieving 100 per cent decarbonization of its supply chain through the deployment of advanced electric (EV) and Liquefied Natural Gas (LNG) trucks. In a release, HZL said, 'This expansion marks a major step forward in Hindustan Zinc's pursuit of Net Zero emissions, enabled by the widespread integration of EVs and LNG trucks throughout its supply chain.' As part of the collaboration, GreenLine Mobility Solutions will invest Rs 400 crore to deploy 100 Electric Trucks, replacing diesel vehicles for inter-unit concentrate movement between the company's mines and smelters, and establish India's first commercial-scale battery swapping infrastructure with 3 high-capacity stations for 24×7 operations, while also expanding Hindustan Zinc's LNG fleet by adding 100 new LNG trucks, doubling the fleet size to 200 for long-haul finished goods transport. Arun Misra, CEO Hindustan Zinc Limited, said: 'At Hindustan Zinc, we are unwavering in our commitment to pioneering sustainable practices and believe the future of manufacturing is green. This large-scale deployment of EVs and LNG trucks, a bold step in our journey to net zero, solidifies our dedication to driving meaningful impact through innovative green logistics solutions and strategic partnerships, shaping a cleaner, more sustainable supply chain.' This expansion will also deliver cost efficiencies through discounted freight rates and is estimated to reduce approximately 236 metric tonnes of CO₂ emissions per month, equivalent to planting around 12,000 trees, the release said. Anand Mimani CEO of GreenLine, said: 'Clean transport isn't a future option, it's today's responsibility. This deployment with Hindustan Zinc powerfully reflects our shared urgency to decarbonize logistics at scale, setting a scalable model for industrial decarbonization across sectors. With our LNG and EV fleet, manufactured by Blue Energy Motors, we're bringing together innovation, sustainability, and real-world impact in a way that's practical and powerful for industry.'
