In a significant push towards sustainable transportation, GreenLine Mobility Solutions Ltd., an Essar venture and India’s sole green logistics operator using LNG and electric heavy commercial vehicles, today flagged off a new fleet of LNG-powered trucks from Chakan, Pune. This expansion is backed by Shriram Finance Limited, one of the country’s largest non-banking financial companies (NBFCs).
With this move, GreenLine reinforces its leadership in India’s low-carbon logistics revolution. The company’s current fleet of over 650 LNG trucks has already traversed 40 million kilometres, cutting down more than 10,000 tonnes of carbon dioxide emissions. Serving leading companies across sectors like FMCG, e-commerce, cement, mining, oil & gas, and chemicals, the fleet symbolizes a significant shift in sustainable transport.
GreenLine plans to deploy over 10,000 LNG and electric trucks, supported by an ambitious infrastructure network comprising 100 LNG refuelling stations, EV charging points, and battery swapping facilities nationwide. The aim is to curb up to 1 million tonnes of CO₂ emissions annually.
“This fleet expansion, supported by Shriram Finance, is a key step towards transforming India’s logistics with sustainable, high-performance solutions,” said Anand Mimani, CEO of GreenLine. “With growing investments in LNG and other alternative fuels, we are seeing tangible progress towards reducing India’s carbon footprint.”
The newly deployed LNG trucks are manufactured by Blue Energy Motors (BEM), a pioneer in alternative-fuel truck manufacturing. BEM’s advanced technology helps enhance operational efficiency while driving sustainability in long-haul logistics.
Sharvari Prabhu, CFO of GreenLine, highlighted the importance of strategic financial partnerships in scaling green operations. “Shriram Finance’s support enables us to offer viable and competitive green alternatives to conventional trucking, strengthening our role in India’s decarbonisation journey,” she said.
This marks Shriram Finance’s first investment in LNG technology, expanding its green financing scope beyond electric mobility. G. M. Jilani, Joint Managing Director of Shriram Finance, commented, “We are proud to back this pioneering initiative. It aligns with our commitment to responsible financing and driving sustainable growth across India’s transportation ecosystem.”
India’s transport sector contributes nearly 15% of its total carbon emissions, with over 4 million trucks on the roads today. As the demand for green logistics accelerates, this collaboration between GreenLine and Shriram Finance could serve as a blueprint for the sector’s cleaner, more efficient future.
