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Greenine partnered with Shriram Finance to increase Green Logistics

by Aaryan Srivastav
May 7, 2025
ग्रीनलाइन ने ग्रीन लॉजिस्टिक्स को बढ़ाने के लिए श्रीराम फाइनेंस के साथ की साझेदारी

Mumbai, May 7 (IANS). Greenline Mobility Solutions Limited on Wednesday flagged off a new fleet of LNG-guard trucks in Chakan, Pune. This deployment has the support of Sriram Finance Limited, a company of Shri Ram Group, one of the largest NBFCs in India.

Greenline is the only green logistics operator of Mobility Solutions Limited, Essar Venture and India LNG and Electric-Purd Heavy Commercial Truck.

Greenline continues to lead India’s low carbon logistics changes. The current fleet of more than 650 LNG trucks serves FMCG & E-Commerce, Metal and Mining, Cement, Oil & Gas and Major companies of sector.

This fleet has already covered a distance of more than 40 million kilometers, decreasing in carbon dioxide emissions by more than 10,000 tonnes.

The company plans to deploy more than 10,000 LNG and EV trucks, which will help from nationwide networks of 100 LNG fuel stations, EV charging stations and battery swapping facilities. The goal of this broad initiative is to reduce carbon emissions by up to 1 million tonnes annually.

This partnership is an important step in the ongoing mission of Greenline to make India’s transport sector carbon -free, which contributes about 15 percent to the total carbon emissions of the country.

Currently more than 4 million trucks are in operation and this number is continuously increasing. Along with this, India’s road logistics sector remains one of its highest carbon-capital industry.

The government is committed to convert the fleet of heavy-duty vehicle (HWV) to LNG and EV trucks to promote clean and sustainable transport with the government’s ambitious target to reduce greenhouse gas emissions.

With the support of Shriram Finance, the deployment of these vehicles is faster and more efficient, making green logistics more financially accessible for businesses across the country.

Anand Mimani, CEO of Greenline Mobility Solutions Limited, said, “The expansion of fleet supported by Shri Ram Finance, Sustainable, High-performance solution is an important step towards changing India’s logistics with high-performance solution.”

He added, “Trucks manufactured by Blue Energy Motors (BEM) play an important role in disorganizing the logistics sector and in line with our attitude for the Green Future. With the increasing investment in LNG and other alternative fuels, we are seeing concrete progress towards reducing India’s carbon footprint.”

Shawari Prabhu, CFO of Greenline Mobility Solutions Limited, said, “As we expand our LNG fleet, the role of strategic financial aid becomes rapidly important. Shriram Finance’s participation helps us to provide usual green options for traditional trucking, supporting India’s broader deakbonization goals.”

Joint Managing Director of Shriram Finance Limited G.M. Jilani said, “We congratulate Greenline Mobility Solutions for connecting LNG-draft trucks and expanding their green fleet. It reinforces his unwavering commitment to sustainable logistics. In Shriram Finance, we feel proud to support this visionary initiative, which is confined to our commitment and environmental protection.”

He added, “This partnership is an important milestone as our first investment in cleaner fuel technology. Beyond electric mobility reflects our commitment to expand our green finance and underlines our resolve to bring meaningful changes in transport ecosystem. We bring positive changes, bringing positive changes and supporting the environment in the transport field to support the environment in the transportation field. Are dedicated. “

LNG-operated trucks of Greenline are manufactured by Blue Energy Motors (BEM). BEM is a leading manufacturer of LNG-operated trucks, providing innovative solutions for the logistics industry. Their cutting-edge technology is designed to increase operating efficiency and sustainability in India’s transport sector.

-IANS

SKT/

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