
GreenLine Mobility partners with Shriram Finance to launch LNG-powered truck fleet in India
's
green logistics
solutions provider
GreenLine Mobility Solutions
has partnered with
Shriram Finance
for the deployment of a new fleet of
LNG-powered trucks
, a statement said on Wednesday. GreenLine Mobility Solutions on Wednesday flagged off a new fleet of LNG-powered trucks at Chakan, Pune, the statement said. The deployment is supported by Shriram Finance Ltd, one of India's largest NBFCs. GreenLine is an Essar venture and India's only green logistics operator of LNG and electric-powered heavy commercial trucks. Its current fleet of over 650 LNG trucks serves marquee companies across sectors such as FMCG and e-commerce, metals and mining, cement, oil and gas, and chemicals.
Anand Mimani, CEO, GreenLine Mobility Solutions said, 'This fleet expansion, supported by Shriram Finance, is a key step towards transforming India's logistics with sustainable, high-performance solutions.'
India's transportation sector, which contributes nearly 15 per cent of the country's total carbon emissions.
Sharvari Prabhu, CFO, GreenLine Mobility Solutions Ltd., added: 'As we scale our LNG fleet, the role of strategic financial support becomes increasingly critical. Shriram Finance's involvement helps us offer viable green alternatives to conventional trucking while supporting India's broader
decarbonisation goals
.
GreenLine plans to deploy over 10,000 LNG and EV trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities. This comprehensive initiative aims to reduce carbon emissions by up to 1 million tonnes annually.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
17 hours ago
- Business Standard
Shriram Finance allots 1.53 lakh equity shares under ESOS
Shriram Finance has allotted 1,53,502 equity shares of face value of Rs.2/- each fully paid-up to 157 employees of the Company who exercised the Fresh Stock Options under SFL ESOS 2023. Pursuant to allotment of the equity shares, the paid-up share capital of the Company stands increased from Rs.376,15,26,022/- to Rs.376,18,33,026/-. Powered by Capital Market - Live News


News18
19 hours ago
- News18
Start An EV Charging Station: No Licence, Fewer Staff, Earn Up To Rs 25 Lakh Annually
The general cost of setting up an EV charging point ranges between Rs 1 lakh and Rs 50 lakh, depending on the type of charger installed. Standard expenses include the cost of a new electrical connection, civil work, technicians and workers, maintenance, advertising, marketing, EVSE management software and integration, and site contract. Ranchi's well-known business expert Avinash has provided information regarding this. The area required to set up a charging station depends on the type of electric vehicles to be charged and other activities available on the site. 3/7 Such charging equipment requires more than 10 square feet of space, although more importantly, it should not be less than 100 square feet, the minimum area for vehicle parking and movement. The number of employees required is also limited. Most companies providing good charging infrastructure offer complete solutions, including equipment, software, and mobile apps at their station. Therefore, there is no need for a large number of employees or manpower at the charging stations. Additionally, everything from payment for charging to billing is done online. Thus, one can start the business of a charging station even with a limited number of employees. The best aspect of this business in terms of licences is that no licence is needed. According to the Ministry of Power, no licence is required to set up electric vehicle charging stations in India. Setting up stations is permitted by following the necessary rules. However, a no objection certificate must be obtained from the Forest Department and Municipal Corporation. Assuming a 3000 kW electric charging station is installed and the charge per kilowatt is Rs 2, it can generate an income of up to Rs 2.25 lakh per month.


News18
19 hours ago
- News18
Car Enthusiasts Flock To Delhi's Tesla Showroom As EV Maker Opens Experience Centre
Tesla has opened its second showroom in India at Worldmark 3 in Delhi's Aerocity. The facility includes four V4 Superchargers and plans for more across Delhi NCR. Tesla, the US-based electric vehicle maker, has opened its second showroom in India — an 8,200 sq ft facility at Worldmark 3 in Delhi's Aerocity — just weeks after its debut at Mumbai's Bandra Kurla Complex (BKC). The Aerocity location marks the company's first outlet in the National Capital Region. According to documents accessed by CRE Matrix, Elon Musk's Tesla India Motors and Energy Pvt Ltd, which opened its second experience centre on August 11 in Delhi's Aerocity hospitality district near Indira Gandhi International Airport, has leased the commercial space for nine years at a monthly rent of Rs 17.22 lakh. Leveraging the advantage of its location, Tesla has set up four V4 Superchargers in the basement parking. The EV manufacturer also has plans to introduce Superchargers in different locations in Delhi NCR, including Saket, Noida, and Horizon Centre. This follows the inauguration of the first supercharger in Mumbai a few days ago. The expansion plans also include a charging network setup in eight different locations, including places like Hyderabad, Pune, Chennai, Bengaluru, Ahmedabad, and Jaipur. The V4 Supercharger, equipped with DC chargers, is paired with four Destination Charging Stalls featuring AC chargers. With these, the newly launched Tesla Model Y can add up to 267 km of range in just 15 minutes. According to the company, that's enough for five round trips between Chhatrapati Shivaji Maharaj International Airport and the Gateway of India. To utilise the charger, Tesla electric vehicle owners must connect their vehicles. Customers can check for availability using the Tesla app. This app also allows users to track the charging progress, get notifications during the charging process, and make payments for charging. In India, the Tesla Model Y is offered in both RWD (rear-wheel drive) and long-range RWD versions. The RWD variant starts at Rs 59.89 lakh, while the long-range model is priced at Rs 67.89 lakh. This brings the total on-road cost to Rs 61.07 lakh for the RWD version and Rs 69.15 lakh for the long-range variant. In India, purchasers of the rear-wheel drive variant of the Tesla Model Y can choose between a 60 kWh battery or a larger 75 kWh battery pack. This RWD model is equipped with a single electric motor that generates approximately 295 hp. Furthermore, the 60 kWh battery is reported to have a WLTP range of 500 km when fully charged, while the long-range model is said to provide a range of 622 km. Elon Musk's Tesla Inc. officially entered the Indian market on July 15 with the launch of its first showroom at Maker Maxity Mall in Mumbai's Bandra Kurla Complex, marking the EV giant's debut in the world's third-largest automobile market. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.