8 months ago
Paradeep Parivahan to Deploy Large EV Fleet for UltraTech Cement
Paradeep Parivahan Limited has signed an 8-year agreement with UltraTech Cement Limited to use electric trucks for transporting cement between Rajasthan and Uttar Pradesh.
This is one of the largest electric vehicle (EV) fleets in India for heavy-duty transportation.
The project aims to reduce carbon dioxide emissions by 15,000-20,000 tonnes each year.
Energy In Motion Limited is helping with charging stations and battery swapping.
This partnership supports the Indian government's green initiatives and helps both companies meet their environmental goals.
Paradeep Parivahan Limited (PPL) has signed an 8-year agreement with UltraTech Cement Limited for EV-based bulk logistics services.
The project involves deploying one of India's largest trans-state electric truck fleets for heavy-duty bulk transportation between Rajasthan and Uttar Pradesh.
The initiative is expected to reduce carbon dioxide (CO2) emissions by approximately 15,000-20,000 tonnes annually.
Energy In Motion Limited (EIM) is providing charging infrastructure, battery-swapping solutions, and operational support for the EV ecosystem.
The agreement aligns with the Government of India's PM E-DRIVE program and broader global ESG objectives.
- Who
- Paradeep Parivahan Limited, UltraTech Cement Limited, Energy In Motion Limited
- What
- Deployment of one of India's largest trans-state EV fleets for bulk transportation
- Where
- Between UltraTech's Rajasthan and Uttar Pradesh facilities
- When
- Agreement signed on January 23, to be executed over 8 years
- Why
- To reduce carbon emissions and promote sustainable logistics
Key facts
- Companies Involved
- Paradeep Parivahan Limited, UltraTech Cement Limited, Energy In Motion Limited
- Agreement Duration
- 8 years
- Route
- Rajasthan to Uttar Pradesh
- Estimated CO2 Reduction
- 15,000-20,000 tonnes annually
- Paradeep Parivahan BSE Code
- 544383
- Paradeep Parivahan Website
- https://www.paradeepparivahan.com
- BSE India Link
- https://www.bseindia.com/stock-share-price/paradeep-parivahan-ltd/pparivah/544383
Quotes
Dr. Khalid Khan
Chairman & Managing Director, Paradeep Parivahan Limited
“We are delighted to partner with UltraTech Cement Limited and add such a marquee client to our portfolio. This agreement represents not only a significant milestone for our Company but also a defining step towards shaping the future of sustainable industrial logistics in India. Our first large-scale EV-based logistics engagement reflects a shared commitment to sustainability, operational efficiency, and green mobility solutions. As logistics partners to some of India’s leading industrial groups, we will continue to invest in electric mobility and modern logistics infrastructure to support our clients’ ESG objectives while delivering reliable and efficient services. This engagement further strengthens our long-term growth strategy and our role in enabling sustainable industrial logistics.”
theprint.in
Sources
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