5 million equity infusion for Essar’s GreenLine Mobility – Times of India

$275 million equity infusion for Essar’s GreenLine Mobility – Times of India

NEW DELHI: Essar group venture GreenLine Mobility Solutions Ltd, India’s sole operator of LNG- and electric-powered heavy commercial trucks, has announced a $275 million equity investment, to accelerate the decarbonisation of heavy trucking in India.The invesetment includes $20 million from Nikhil Kamath, marking a significant boost to transformation of India’s logistics, the company said on…

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