Essar's GreenLine announces ₹1,500 crore LNG expansion
pre-market1 source ↓written by the desknot a recommendation
- to expand
- ₹1,500 crore
Essar's GreenLine Mobility Solutions plans to invest ₹1,500 crore to expand its LNG-powered logistics network. This initiative aims to enhance cleaner-fuel freight operations through partnerships with firms like JSW Steel and UltraTech Cement. The move supports India's goal to reduce diesel consumption and reliance on imported crude oil. ⚡
• Fleet expansion with LNG trucks
• Long-term partnerships to mitigate risks
• Focus on reducing emissions and import dependency
Not investment advice. For informational purposes only.