GreenLine Mobility Solutions Ltd, backed by the Essar Group, has announced an equity infusion of USD 275 million to accelerate the transition towards green logistics.
The funding will support the rollout of more than 10,000 liquefied natural gas (LNG) and electric-powered heavy commercial vehicles, while simultaneously enabling the development of 100 refuelling and charging stations across the country. As India grapples with rising carbon emissions from its transportation sector—accounting for nearly 15 per cent of the country’s total emissions—GreenLine’s latest investment is positioned as a pivotal intervention. The new capital will fuel an ambitious roadmap to decarbonise long-haul and short-haul trucking, especially given that over 4 million trucks ply Indian roads today, most of which operate on fossil fuels.
According to company officials, the LNG fleet is designed for long-distance logistics, while electric trucks will be used for urban and short-haul distribution, aligning with India’s national push towards low-emission mobility. GreenLine’s services are being offered at cost parity with traditional diesel logistics, ensuring affordability while delivering on sustainability. A portion of this investment, totalling USD 20 million, comes from a prominent investor in the green tech space. The backing is being hailed as a signal of growing private confidence in sustainable logistics solutions. The company has already deployed over 650 LNG trucks, which have collectively covered more than 38 million kilometres and helped avoid over 10,000 tonnes of carbon dioxide emissions. The existing fleet serves various industries, including FMCG, mining, cement, e-commerce, oil and gas, and chemicals—underscoring the cross-sector demand for low-emission freight.
The company’s long-term blueprint also includes expanding the refuelling ecosystem through its subsidiary, Ultra Gas and Energy Ltd, which is constructing a nationwide chain of LNG filling stations to support the growing fleet. Additionally, GreenLine will establish battery-swapping stations and EV charging infrastructure to meet the needs of the emerging electric trucking network. All facilities are being planned with circular sustainability and zero-waste targets in mind. Officials involved in the project stated that this comprehensive investment is estimated to reduce nearly 1 million tonnes of CO2 emissions annually, contributing significantly to India’s climate targets under international frameworks. The expansion is in line with the Indian government’s vision to lower its carbon footprint and achieve a clean energy transition by 2070.
From an operational standpoint, the trucks being deployed are engineered for fuel efficiency, range performance, and low maintenance. The LNG trucks offer a payload capacity of over 40 tonnes with a single-fill range of up to 1,400 km, positioning them as a viable alternative for large-scale logistics operators seeking sustainability without sacrificing productivity. Top executives from the parent group noted that this investment goes beyond decarbonisation. It is also a step towards reducing India’s reliance on imported fossil fuels and building indigenous capacity in clean energy logistics. They further hinted at future integration with renewable energy sources like green hydrogen to power next-generation trucks.
Industry experts welcomed the announcement, citing the need for significant private-sector participation to build India’s green logistics backbone. With the road transport sector growing rapidly due to e-commerce and urbanisation, they argue that scaling up sustainable alternatives is not only timely but essential. GreenLine’s integrated approach to combining infrastructure development with low-emission vehicle deployment could offer a replicable model for other nations in the Global South. The firm’s commitment to enabling large-scale decarbonisation without increasing freight costs is also expected to be attractive for corporates looking to meet ESG targets.
In a country where logistics costs account for nearly 14 per cent of GDP one of the highest globally GreenLine’s move is being seen as a dual victory: economically sound and environmentally responsible. This capital injection into India’s clean mobility future signals a paradigm shift that aligns innovation with urgent climate action. The coming years will show whether such corporate-led green logistics initiatives can effectively scale and drive lasting environmental impact in one of the world’s fastest-growing economies.
GreenLine $275 Million Investment to Transform India Green Logistics Landscape
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