GreenLine Mobility Solutions, an Essar venture, plans to invest Rs 1,500 crore over the next three years to expand its fleet of LNG-powered trucks to 10,000 and increase LNG refuelling stations to 50, as India pushes to curb diesel dependence and lower freight emissions.
The nation's only green logistics operator of LNG powered trucks estimates that replacing 10 per cent of India's diesel-powered trucking fleet with LNG vehicles could reduce annual foreign exchange outflows by USD 5-6 billion by cutting fuel imports.