STOCKWATCH
·
Logistics Solution Provider
New Launch23 Jan 2026, 12:17 pm

Paradeep Parivahan to Deploy One of India’s Largest Trans-State Fleets of Electric Vehicles for Bulk Transportation

AI Summary

Paradeep Parivahan Limited, a BSE SME-listed company and a leading end-to-end logistic service provider, has entered into an 8-year agreement with UltraTech Cement Limited for the deployment of EV-based bulk logistics services. This engagement marks a significant milestone in India’s industrial logistics sector, with Paradeep Parivahan deploying one of the country’s largest trans-state electric truck fleets for heavy-duty bulk transportation. The initiative is expected to deliver a significant reduction in carbon dioxide emissions, estimated at approximately 15,000-20,000 tonnes annually, by replacing conventional fossil-fuel-based transportation with electric mobility solutions.

Key Highlights

  • Paradeep Parivahan Limited has entered into an 8-year agreement with UltraTech Cement Limited for the deployment of EV-based bulk logistics services.
  • This engagement marks a significant milestone in India’s industrial logistics sector, with Paradeep Parivahan deploying one of the country’s largest trans-state electric truck fleets for heavy-duty bulk transportation.
  • The initiative is expected to deliver a significant reduction in carbon dioxide emissions, estimated at approximately 15,000-20,000 tonnes annually.
  • The project involves the deployment of electric vehicles between UltraTech’s Rajasthan to Uttar Pradesh facilities.
  • This transition will enable cleaner freight movement, materially lower environmental impact, and enhance sustainability performance across the logistics value chain.
PPARIVAH
Logistics Solution Provider
Paradeep Parivahan Ltd

Price Impact