Deals24 Oct 2026, 03:50 pm
Paradeep Parivahan Secures 10-Year Contract with JSW Group
AI Summary
Paradeep Parivahan Limited (PPL) has secured a significant 10-year contract with JSW Group, specifically JSW Cement Limited and JSW Eco-Mobility Private Limited. Under this agreement, PPL will deploy 100 electric trucks for JSW's industrial bulk transportation operations, focusing on transporting Clinker and slag. The contract involves handling approximately 1,25,000 MT of cargo per month. This deal marks a strategic move for PPL into electric mobility for industrial logistics, with operations spanning from Nandyal, Andhra Pradesh to Vijayanagar, Karnataka. Other terms are confidential.
Key Highlights
- Secured a 10-year contract with JSW Group for electric truck deployment.
- Agreement involves deploying 100 electric trucks for bulk transportation.
- Contract covers transportation of Clinker and slag, handling 1.25 lakh MT monthly.
- Operations will span between Andhra Pradesh and Karnataka.
- No promoter or group company interest in the awarding entity.
Price Impact
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