·         Added 100 LNG trucks, doubling fleet to 200 and cutting long-haul CO₂ emissions significantly

Bengaluru, 4th August 2025: Hindustan Zinc Limited (BSE: 500188 & NSE: HINDZINC), the world’s largest and India’s only integrated zinc producer, has launched one of India’s largest green logistics transitions in partnership with GreenLine Mobility Solutions Ltd., an Essar venture and the country’s leading green logistics operator. This collaboration marks a pivotal step in Hindustan Zinc’s accelerated push towards achieving 100% decarbonization of its supply chain through the deployment of advanced electric (EV) and Liquefied Natural Gas (LNG) trucks.

This expansion marks a major step forward in Hindustan Zinc’s pursuit of Net Zero emissions, enabled by the widespread integration of EVs and LNG trucks throughout its supply chain.

As part of this strategic collaboration, GreenLine will invest ₹400 crore to deploy 100 Electric Trucks, replacing diesel vehicles for inter-unit concentrate movement between the company’s mines and smelters, and establish India’s first commercial-scale battery swapping infrastructure with 3 high-capacity stations for 24×7 operations, while also expanding Hindustan Zinc’s LNG fleet by adding 100 new LNG trucks, doubling the fleet size to 200 for long-haul finished goods transport.

Arun Misra, CEO Hindustan Zinc Limited, stated, “At Hindustan Zinc, we are unwavering in our commitment to pioneering sustainable practices and believe the future of manufacturing is green. This large-scale deployment of EVs and LNG trucks, a bold step in our journey to net zero, solidifies our dedication to driving meaningful impact through innovative green logistics solutions and strategic partnerships, shaping a cleaner, more sustainable supply chain.”

This expansion will deliver cost efficiencies through discounted freight rates and is estimated to reduce approximately 236 metric tonnes of CO₂ emissions per month, equivalent to planting around 12,000 trees. Combined, this initiative is expected to reduce about 1,50,000 tonnes of Scope 3 emissions annually, further advancing Hindustan Zinc’s commitment to become net zero by 2050 or sooner & supporting India’s green growth ambitions.

Anand Mimani CEO of GreenLine, said, “Clean transport isn’t a future option, it’s today’s responsibility. This deployment with Hindustan Zinc powerfully reflects our shared urgency to decarbonize 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.”

Recognized as the world’s most sustainable company in metals & mining sector by S&P Global Corporate Sustainability Assessment 2024, Hindustan Zinc recently announced its ambitious 2030 Sustainable Development Goals (SDG). The goals cover ambitious targets spanning various thematic areas such as climate change, water stewardship, biodiversity conservation, responsible sourcing, circular economy, workforce diversity and social impact. The company has committed to achieving 50% reduction of Scope 1 and 2 emissions and 25% reduction of Scope 3 emissions from the 2020 baseline.

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.

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Bengaluru | May 07^th, 2025: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, today flagged off a new fleet of LNG-powered trucks at Chakan, Pune. The deployment is supported by Shriram Finance Limited, one of India’s largest NBFCs and the flagship company of the Shriram Group.

GreenLine continues to lead India’s low-carbon logistics transformation. Its current fleet of over 650 LNG trucks serves marquee companies across sectors such as FMCG and e-commerce, metals and mining, cement, oil and gas, and chemicals. The fleet has already covered more than 40 million kilometres, reducing CO₂ emissions by over 10,000 tonnes.

The company plans to deploy over 10,000 LNG and EV trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities. This comprehensive initiative aims to reduce carbon emissions by up to 1 million tonnes annually.

This partnership marks a significant step in GreenLine’s ongoing mission to decarbonise India’s transportation sector, which contributes nearly 15% of the country’s total carbon emissions. With over 4 million trucks currently in operation—and the number continuing to grow—India’s road logistics sector remains one of its most carbon-intensive industries. Aligned with the government’s ambitious goal to reduce greenhouse gas emissions, GreenLine is committed to transitioning the heavy-duty vehicle (HDV) fleet to LNG and EV trucks to promote cleaner, more sustainable transport. With Shriram Finance’s backing, the deployment of these vehicles is faster and more efficient, making green logistics more financially accessible for businesses across the country.

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd., said: “This fleet expansion, supported by Shriram Finance, is a key step towards transforming India’s logistics with sustainable, high-performance solutions. The trucks, manufactured by Blue Energy Motors (BEM), play a critical role in decarbonising the logistics sector and align with our vision for a greener future. With growing investments in LNG and other alternative fuels, we are seeing tangible progress towards reducing India’s carbon footprint.” 

Sharvari Prabhu, CFO, GreenLine Mobility Solutions Ltd., added: “As we scale our LNG fleet, the role of strategic financial support becomes increasingly critical. Shriram Finance’s involvement helps us offer viable green alternatives to conventional trucking while supporting India’s broader decarbonisation goals.”

G. M. Jilani, Joint Managing Director, Shriram Finance Limited, commented: “We congratulate Greenline Mobility Solutions on the expansion of their green fleet with the addition of LNG-powered trucks which reinforces their unwavering commitment to sustainable logistics. At Shriram Finance, we’re proud to support this forward-looking initiative, which aligns with our commitment to responsible financing and environmental stewardship. This partnership marks a significant milestone as our first investment in cleaner fuel technology, showcases our commitment to expand our green financing beyond electric mobility, and underscores our resolve to drive meaningful change across the transportation ecosystem. We remain dedicated to driving positive change, accelerate sustainable initiatives and supporting environmentally responsible growth across the transportation sector.”

GreenLine’s LNG-powered trucks are manufactured by Blue Energy Motors (BEM). BEM is a leading manufacturer of LNG-powered trucks, delivering innovative solutions for the logistics industry. Their cutting-edge technology is designed to enhance operational efficiency and sustainability in India’s transport sector.

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The partnership was flagged off with the deployment of GreenLine’s LNG-powered trucks at Bekaert’s Ranjangaon Plant, marking the beginning of a pilot phase that aims to significantly reduce the carbon footprint of Bekaert’s logistics operations.

Each GreenLine LNG truck is expected to reduce up to 24 tonnes of CO₂ emissions annually, contributing to Bekaert’s ambition of becoming carbon net-zero by 2050 and achieving 65% of sales from sustainable solutions.

Commenting on the partnership, Anand Mimani, CEO, GreenLine Mobility Solutions Ltd said, “Our partnership with Bekaert demonstrates the growing commitment of forward-thinking corporates to drive sustainability at scale. At GreenLine, we are proud to offer not just green trucks, but an integrated ecosystem — from LNG refuelling to real-time telematics — that empowers our partners to make meaningful progress on their net-zero goals.”

Dinesh Mukhedkar, Procurement Operations Lead – South Asia and Procurement Global Shared Service Centre Lead, Bekaert, added, “As part of our purpose ‘Establishing the new possible,’ and our ambition to lead in safe, smart, and sustainable solutions, decarbonising logistics is an essential step. This directly supports our commitment to ESG principles and long-term sustainability goals.”

GreenLine’s expanding fleet of LNG-powered trucks has already clocked more than 40 million kilometres, avoiding over 10,000 tonnes of CO₂ emissions. The company’s ongoing expansion includes plans to deploy over 10,000 LNG and EV trucks, supported by a nationwide network of 100 LNG refuelling stations, EV charging hubs, and battery swapping facilities — targeting a reduction of 1 million tonnes of carbon emissions annually.

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GreenLine aims to decarbonise India’s transportation sector, which contributes nearly 15% of the country’s total carbon emission. The funding will enable the deployment of over 10,000 LNG and EV trucks, along with the establishment of a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities. This comprehensive initiative aims to reduce 1 million tonnes of carbon emissions annually.

India’s road logistics sector, with over 4 million trucks already in operation and continuing to grow, remains one of the country’s most carbon-intensive industries. Aligned with the Indian government’s ambitious goal to reduce greenhouse gas emissions, GreenLine is committed to transitioning India’s heavy-duty vehicle (HDV) fleet to LNG and EV trucks to promote cleaner, more sustainable transport. The company offers its logistics services at cost parity with diesel trucks, ensuring that customers can reduce carbon emissions without incurring any additional costs.

GreenLine’s LNG-powered trucks reduce CO₂ emissions by up to 30%, making them a trusted partner for corporates aiming to achieve their sustainability goals. The company’s current fleet of over 650 LNG trucks serves marquee companies across industries such as FMCG & E-commerce, Metals and Mining, Cement, Oil & Gas, Chemicals, etc. The fleet has already covered over 38 million kilometres, reducing CO₂ emissions by 10,000 tonnes.

Anshuman Ruia, Director, Essar said “We are really excited about this game-changing shift in India’s heavy trucking industry. 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.”

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd. said, “GreenLine has been at the forefront of decarbonising India’s heavy trucking industry, making significant progress from the very start. As leaders in this space, this investment brings us even closer to our vision of transforming India’s road logistics sector. We request India Inc. to embrace this evolving landscape and actively support the transition towards a greener and more sustainable future for all.”

Nikhil Kamath, Investor and Entrepreneur said “The logistics industry needs to evolve—faster, cleaner, and smarter. 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. This shift is happening—with or without you”

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This initiative will significantly contribute to Mondelez’s efforts to lower its carbon footprint. By working with GreenLine, the company is furthering its commitment to environmental sustainability and reinforcing its Environmental, Social, and Governance (ESG) objectives. The partnership underscores Mondelez’s continued focus on creating a more sustainable future for both the environment and future generations.

Commenting on the partnership, Mr. Anand Mimani, CEO, GreenLine Mobility Solutions Ltd said, “Mondelez International, home to beloved brands like Cadbury, Oreo, and Toblerone, has chosen GreenLine as its partner in sustainability. By transitioning to our LNG-powered trucks, Mondelez demonstrates its commitment to a greener India while enhancing its supply chain efficiency. This partnership sets a new standard for sustainable logistics within the FMCG sector.”

GreenLine’s LNG-powered vehicles offer a cleaner alternative to traditional diesel trucks, significantly reducing greenhouse gas emissions. To date, the company has successfully cut 8,519 tonnes of carbon emissions. With Mondelez now onboard, GreenLine’s commitment to mitigating the environmental impact of India’s logistics sector is further strengthened. This collaboration not only supports GreenLine’s sustainability goals but also enhances Mondelez’s efforts to integrate sustainable practices across its operations.

Both companies are focused on creating a greener future, demonstrating the power of collaboration in addressing the pressing environmental challenges facing the logistics sector.

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By adopting GreenLine’s LNG-powered fleet, Exide takes a bold step in reducing its environmental footprint while ensuring efficiency and reliability in its long-haul transportation. As a prominent player in India’s battery manufacturing sector, Exide joins a growing number of industries leveraging GreenLine’s innovative, environmentally-friendly transportation solutions.

GreenLine’s LNG-powered fleet is equipped with advanced technology, real-time vehicle monitoring, predictive analytics, and enhanced safety features. These trucks offer a cost-effective, reliable, and environmentally friendly alternative to traditional diesel-powered vehicles, with a range of up to 1,200 km on a single tank—making them ideal for Exide’s long-haul transportation needs.

With this partnership, Exide sets a new benchmark in the battery manufacturing sector by integrating sustainability into its core operations without compromising on performance or efficiency. LNG-powered logistics offers Exide an opportunity to reduce Scope 3 emissions—those associated with its logistics network—while ensuring that its supply chain remains both efficient and environmentally responsible.

Anand Mimani, CEO, GreenLine Mobility Solutions Ltd said, “Partnering with Exide Industries marks a pivotal step in transforming the logistics landscape for the battery manufacturing sector. By integrating GreenLine’s LNG-powered fleet, Exide is not just optimizing its supply chain but also leading the charge in reducing Scope 3 emissions—a critical focus area for sustainable manufacturing. This collaboration highlights how cutting-edge logistics solutions can align with the unique demands of the battery industry while driving measurable environmental impact.”

Avik Roy, MD & CEO, Exide Industries Ltd added, “Sustainability has long been a core element of Exide’s business practices and we are accelerating our efforts to advance it. Partnering with Greenline to adopt LNG-powered trucks into our logistics network is one such tangible step towards a sustainable future. This initiative represents one facet of Exide’s broader commitment to environmental stewardship.”

This partnership with Exide marks a defining moment for GreenLine Mobility Solutions, reinforcing its leadership in eco-friendly logistics. Currently operating over 500 LNG-powered trucks, GreenLine is set to expand its fleet by an additional 1,000 trucks by March 2025, positioning itself to meet the rising demand for green logistics with reliable, efficient, and environmentally friendly solutions.

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As part of its efforts to reduce Scope 3 emissions, Merino is integrating GreenLine’s LNG-powered trucks into its logistics operations—an industry-first for the laminate sector. This collaboration reflects Merino’s ongoing commitment to decarbonising its value chain and promoting sustainable practices within the industry.

Through its integrated sustainability program, Nirmal, Merino has already made significant progress in reducing its environmental footprint. The company now meets 75% of its energy needs through non-fossil fuel sources such as solar, agro residue, and biogas. These initiatives have already led to a reduction of 95,000 metric tonnes of CO₂ equivalent emissions annually.

At the launch event, Mr. Prakash Lohia, Managing Director of Merino Industries Ltd. said, “This transition marks a pivotal moment in our journey toward sustainable operations. The adoption of LNG-powered trucks not only aligns with our vision for a greener tomorrow but also sets a benchmark for responsible logistics in the industry. Together with GreenLine, we are creating a cleaner and more sustainable operational network in India.”

Mr. Anand Mimani, CEO of GreenLine Logistics Solutions Ltd, further added stating, “As we expand our fleet across various sectors, this partnership with Merino Industries marks a significant milestone, being the first of its kind in the laminate industry. By introducing LNG-powered trucks into their logistics operations, we are not only reducing emissions but also paving the way for sustainable practices to be adopted more widely across different industries.”

GreenLine, home to India’s largest fleet of LNG-powered heavy commercial trucks, is at the forefront of transforming the logistics sector across industries such as FMCG, E-commerce, Automotive, Cement, Steel, Metals and Mining, Express Cargo, Oil and Gas, and Chemicals. GreenLine’s LNG-powered trucks help reduce carbon dioxide emissions by up to 30% compared to traditional diesel vehicles, collectively reducing approximately 7,825 tonnes of carbon emissions to date. This makes GreenLine a key partner for businesses striving to meet their sustainability targets and minimise their environmental impact.

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In the first phase of this partnership, GreenLine will deploy 25 LNG-powered trucks, each equipped with 46 ft containers offering a capacity of 110 cubic meters (CBM). These vehicles will transport a range of e-commerce goods, including both B2B (business-to-business) and B2C (business-to-consumer) loads, across key regional routes.

The initial deployment will focus on transporting goods from the West to the North of India, with future plans to expand to additional routes covering North to South and West to South corridors.

This partnership is a critical element of both GreenLine’s and Flipkart’s sustainability initiatives. GreenLine’s LNG-powered fleet will complement Flipkart’s existing efforts, which also include the deployment of electric vehicle (EV) trucks to further reduce the carbon footprint of its logistics operations. Recently, Flipkart also announced that it has achieved 10,000 EVs in its delivery fleet. The integration of LNG and EV vehicles is part of the company’s broader commitment towards minimising greenhouse gas emissions, and creating a cleaner, more sustainable environment.

Commenting on the partnership, Anand Mimani, CEO, GreenLine Mobility Solutions Ltd said, “E-commerce is transforming lives across India, connecting dreams, needs, and opportunities. Yet, as the sector grows, so does its environmental footprint. At GreenLine, we see this as a call to action. Through our partnership with Flipkart, we are enabling India to go green, one mile at a time. By deploying our LNG-powered fleet, we’re making logistics more sustainable, ensuring that every delivery contributes to a brighter, cleaner future for our nation.”

Hemant Badri, SVP & Head of Supply Chain, Customer Experience & ReCommerce Business at Flipkart Group further added, “At Flipkart, we are committed to building a sustainable future, and this partnership with GreenLine is a milestone in achieving that goal. By integrating LNG-powered vehicles into our logistics operations alongside our existing electric vehicle fleet, we aim improve supply chain efficiency, and contribute to India’s broader environmental objectives. This collaboration highlights our continuous efforts to drive green innovation and support the long-term sustainability of our operations.”

GreenLine has been at the forefront of driving sustainable mobility solutions, serving industries such as cement, steel, metals & mining, FMCG, express cargo, oil & gas, chemicals, and consumer goods. Over the past two years, GreenLine’s initiatives have led to a 30% reduction in CO2 emissions compared to traditional diesel vehicles, equivalent to a decrease of 7398 tonnes of carbon emissions.

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The partnership was initiated with the flag-off of LNG trucks at Vedanta’s Sterlite Copper Plant in Silvassa. These LNG vehicles will be transporting finished goods to the northern region, utilising a reverse logistics model. GreenLine’s LNG trucks, capable of carrying a 40-tonne payload and traveling up to 1,200 kilometers on a single tank, will enhance logistics efficiency while significantly reducing carbon emissions.

Commenting on the partnership, Anand Mimani, CEO, GreenLine Mobility Solutions Ltd said, “Our partnership with Sterlite Copper marks an important milestone in our commitment to sustainable logistics. By integrating our LNG technology into their operations, we not only enhance our service offerings but also set a standard for decarbonisation in the transportation sector. Together, we are taking significant steps towards a cleaner, greener future.”

This collaboration highlights GreenLine’s dedication to leading the charge in decarbonising India’s transportation and logistics sector, driving innovation and sustainability across its operations.

GreenLine serves a diverse range of industries including Cement, Steel, Metals & Mining, FMCG, Express Cargo, Oil & Gas, Chemicals, and Consumer Goods.

GreenLine’s LNG-powered trucks reduce CO2 emissions by up to 30% and significantly lower other emissions compared to traditional diesel trucks. To date, the company’s fleet has traveled over 22 million kilometers, resulting in a reduction of ~6,000 tonnes of emissions.

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