Essar's GreenLine announces ₹1,500 crore LNG expansion
after close1 source ↓written by the desknot a recommendation
- to expand
- ₹1,500 crore
GreenLine Mobility Solutions, part of the Essar Group, plans to invest ₹1,500 crore to expand its LNG-powered logistics network. This initiative includes new trucks and refueling infrastructure, aiming to reduce diesel consumption and dependence on imported crude oil. Partnerships with firms like JSW Steel and UltraTech Cement will support this cleaner-fuel strategy. ⚡
The expansion is expected to enhance the commercial freight segment, aligning with India's push for cleaner energy solutions.
Not investment advice. For informational purposes only.