Related News

Arm Holdings CEO Rene Haas told CNBC’s Jim Cramer on Wednesday that moving some AI functions away from the could help reduce energy usage. Over time, he suggested, a large

Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise shares sank 7% in extended trading on Wednesday after the company issued disappointing guidance

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot |

An Aligned data center in Northlake, Illinois, US, on Thursday, Oct. 9, 2025. Christopher Dilts | Bloomberg | Getty Images Nvidia, Microsoft, BlackRock and Elon Musk’s xAI are part of

Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19,

Chinese smartphone company Honor is developing a smartphone with an AI-connected camera that unfolds from the back of the device. Honor BEIJING — Chinese smartphone company Honor on Wednesday announced

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Essar’s GreenLine in Rs 400 crore deal to decarbonise Hindustan Zinc Limited logistics

Word Count: 649 | Estimated Reading Time: 4 minutes


Essar’s GreenLine in Rs 400 crore deal to decarbonise Hindustan Zinc Limited logistics

NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group’s GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter’s advanced electric (EV) and trucks powered by liquefied natural gas (LNG).The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the company’s mines and smelters. Simultaneously, a commercial-scale battery swapping infrastructure will also be set up with three high-capacity stations to ensure round-the-clock operations.Additionally, GreenLine will add 100 LNG trucks to double Hindustan Zinc’s current low-carbon fleet for long-haul finished goods transport.“This large-scale deployment of EVs and LNG trucks will deliver cost efficiencies through discounted freight rates. It is estimated to reduce approximately 236 metric tonnes of CO₂ emissions per month, equivalent to planting around 12,000 trees,” HZL chief executive Arun Misra said. “This initiative is expected to reduce about 1,50,000 tonnes of Scope 3 emissions annually, advancing HZL’s 2050 net-zero commitment by 2050 or sooner, and support India’s green growth ambitions,” he said.“This deployment with Hindustan Zinc reflects our shared urgency to decarbonise logistics at scale, setting a scalable model for industrial decarbonization across sectors. With our LNG and EV fleet manufactured by Blue Energy Motors, we’re bringing together innovation, sustainability, and real-world impact in a way that’s practical and powerful for industry,” GreenLine CEO Anand Mimani said.GreenLine currently operates over 650 LNG trucks, serving clients across FMCG, e-commerce, metals & mining, cement, oil & gas, and chemicals. Its fleet has covered more than 50 million kilometres, cutting over 14,000 tonnes of CO₂ emissions. The company plans to expand to more than 10,000 clean trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging hubs, and battery swapping facilities — an integrated green mobility ecosystem aiming to cut carbon emissions by up to 1 million tonnes annually.





Source link

Most Popular Articles