Overview

Paradeep Parivahan Limited (BSE SME‑listed, code 544383) and its technology partner Energy In Motion (EIM) have commenced the deployment of approximately 45 EIM Ashwa 4x2, 55‑tonne electric heavy‑duty tractor‑trailers for UltraTech Cement Limited, the world’s largest cement producer outside China. The fleet will be used to haul clinker from UltraTech’s integrated manufacturing plant in Rajasthan to its grinding units in the Delhi‑NCR region, marking one of the largest electric heavy‑duty truck deployments in the northern Indian cement sector.

Deployment Details

  • Vehicle count and type: ~45 electric 55‑tonne Ashwa 4x2 tractor‑trailers.
  • Operational corridor: Spans Rajasthan, Haryana and Uttar Pradesh with an average lead distance of about 250 km.
  • Environmental impact: Projected annual CO₂ reduction exceeds 8,900 tons, equivalent to displacing roughly 2.9 million litres of diesel.
  • Commercial significance: Demonstrates the viability of electric heavy‑duty trucks for long‑haul, high‑utilisation logistics.

Business Model & Cost Advantages

EIM’s “Maiytri” model supplies battery packs and charging/swapping services as a bundled package, allowing logistics partners to focus on fleet management. This model reduces the upfront cost per vehicle by roughly 40 % and supports the development of common heavy‑duty charging and battery‑swapping infrastructure on key routes, particularly in the NCR region where pollution reduction is a national priority.

Leadership Commentary

  • Dr. Khalid Khan, CMD & CEO, Paradeep Parivahan Limited: “This project represents a defining moment for India's logistics industry. For the first time, electric heavy‑duty trucks are being deployed at meaningful scale on a long‑haul, high‑utilisation industrial corridor spanning multiple states… We believe this deployment will serve as a benchmark for the industry and accelerate the adoption of zero‑emission freight mobility across India.”
  • Narendra Murkumbi, Co‑founder & Managing Director, Energy In Motion Ltd: “EIM is delighted to launch long‑haul highway operations in the NCR region with Paradeep Parivahan as our lead customer… Our business model democratises heavy electric transport by reducing upfront cost about 40 % per vehicle and building common heavy‑duty charging / battery swapping infrastructure on key routes.”

Company Background

Paradeep Parivahan Limited, founded in 2000 and headquartered at Paradip Port, Odisha, provides integrated logistics, supply‑chain solutions, and port services across cargo handling, intra‑port transportation, and multimodal logistics. The company serves marquee clients such as IFFCO, JSW Group, UltraTech Cement, Tata Group, Ripley Stevedoring, and JM Baxi. In May 2026, Paradeep Parivahan won the LEAPS Award 2025, presented by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India.