GreenLine Mobility Solutions Ltd, an Essar Group venture, has secured a $275 million equity investment to accelerate the decarbonisation of India's heavy trucking sector. The funding will support the deployment of over 10,000 LNG and electric trucks, as well as the development of 100 LNG refuelling stations and EV charging points across the country.

Among the investors is Nikhil Kamath, who has committed $20 million, highlighting growing confidence in India’s green logistics transition. GreenLine currently operates LNG-powered trucks for long-haul transportation and electric vehicles (EVs) for short-haul operations. Its subsidiary, Ultra Gas and Energy Ltd, is building a national network of LNG refuelling infrastructure.

According to the company, the initiative is expected to reduce carbon emissions by 1 million tonnes annually. With India’s transport sector accounting for nearly 15% of total carbon emissions and over 4 million trucks in operation, GreenLine aims to play a key role in transforming the logistics landscape.

The company offers green logistics services at cost parity with traditional diesel trucking, allowing businesses to adopt cleaner solutions without added expense. GreenLine’s efforts align with the Indian government's climate goals, positioning it as a critical player in the shift to sustainable transport.