GreenLine to add 1,500 LNG-powered trucks to its fleet in FY24.

Green mobility solutions provider GreenLine will add 1,500 liquefied natural gas (LNG) trucks to its fleet in the current financial year, ending March 2024.

The company, part of the Essar Group, aims to decarbonize heavy trucking in India and is paving the way for widespread adoption of LNG-powered freight transportation, which offers better mileage compared to diesel thereby bringing down operating costs.

“By March 2024, GreenLine will deploy 1,500 LNG-powered trucks. It has around 100-110 vehicles on ground. Besides, about 66 CNG and LNG tankers are also there,” GreenLine CEO Anand Mimani told businessline.

Currently, the company has a total of 160-170 vehicles running. An LNG truck typically costs around ₹85 lakh on ground with the trailer including insurance, RTO, road tax, etc.

The idea behind Greenline was to decarbonise the entire logistics value chain, he explained, adding that the company first started with CNG vehicles (Tata 151 and Eicher vehicles) with the maximum weight carrying limit for CNG being up to 15 tonnes.

“LNG is a space we wanted to understand. We want to move LNG as a fuel and we are one of the biggest virtual pipeline movers on account of LNG in India. It has been a good learning curve. We partnered with Shell and learnt a lot,” Mimani noted.

HBL