India’s Hindustan Zinc and GreenLine pen deal for LNG-powered trucks

India’s Hindustan Zinc has joined forces with compatriot GreenLine to deploy LNG-powered trucks built by Blue Energy Motors.

Hindustan Zinc, a Vedanta group company and India’s largest and only integrated producer of Zinc, said in a statement that the deal includes 180 LNG-powered trucks.

Moreover, Hindustan Zinc looking to reduce emissions from its operations and this move will help reach its target of net-zero emissions by 2050, it said.

Essar Group’s GreenLine said in a separate statement it would invest 2 billion rupees ($24 million) to deploy LNG-powered trucks for Hindustan Zinc’s road logistics.

The company did not provide the number of the trucks in its statement.

GreenLine said its LNG-powered trucks, built by Blue Energy Motors, reduce emissions “significantly” compared to diesel.

The firm has collaborated with multiple firms to make LNG trucking a reality in India, it said.

These companies include India’s top cement maker, UltraTech Cement, and JK Lakshmi Cement.

Earlier this year, Blue Energy Motors launched the country’s 100th LNG-powered truck at its manufacturing facility in Pune.

FPT Industrial, a unit of Italian manufacturer Iveco, is supplying engines for these LNG-powered trucks as part of a deal the two firms signed in July 2022.

After that, the two firms unveiled the first LNG truck powered by FPT’s 6.7-liter engine in September, while Iveco also agreed to buy a stake in the Indian firm.

Blue Energy also recently won an order from state-owned multimodal logistics firm Container Corporation of India (Concor) for the supply of 100 LNG-powered trucks.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

More News Like This

India’s Hindustan Zinc and GreenLine ink deal for more LNG-powered trucks

India’s Hindustan Zinc has signed a new deal with compatriot GreenLine to deploy more LNG-powered trucks built by Blue Energy Motors.

India’s GreenLine invests further in LNG-powered trucks

Essar Group’s GreenLine will invest $275 million in LNG-powered trucks and electric trucks to boost decarbonization of the heavy-duty sector in India.

India’s Blue Energy nets new LNG truck order from Concor

India’s Blue Energy Motors has secured a new order from state-owned multimodal logistics firm Container Corporation of India (Concor)...

India’s Blue Energy wins order from Concor for 100 LNG trucks

India’s Blue Energy Motors has secured an order from state-owned multimodal logistics firm Container Corporation of India (Concor) for...