GreenLine Mobility Solutions, a subsidiary of the Essar Group and a green logistics operator specialising in LNG and electric-powered heavy trucks, has announced equity investment of USD 275 million. This capital infusion includes USD 20 million from noted investor and entrepreneur Nikhil Kamath.

The initiative is part of GreenLine's broader mission to decarbonise India’s transportation sector. The funding will support the deployment of over 10,000 LNG and electric trucks across India and the creation of essential infrastructure, including a nationwide network of 100 LNG refuelling stations, EV charging hubs, and battery swapping facilities. 

Anshuman Ruia, Director of Essar, highlighted the broader vision behind the investment: “We see this as an opportunity to not only build the green mobility ecosystem, but also, in the future, invest in clean energy sources to power our electric trucks. This integrated approach will significantly reduce emissions, cut down on energy imports, and help drive India towards achieving a more sustainable, energy-secure future.”

Nikhil Kamath, in a statement, expressed confidence in the green logistics revolution: “Green mobility isn’t just a trend; it’s the inevitable future. Backing GreenLine is a bet on that future, where sustainability and efficiency go hand in hand. More companies need to take the leap, adopt green tech, and rethink how we move goods at scale.”