UltraTech Uses LNG Trucks To Transport Cement As Part Of ESG Initiative
Listen to This Article
Green Planet Logistics, India’s first LNG-fueled heavy trucking logistics company, has announced the deployment of its trucks at UltraTech Cement’s bulk terminal in Pune.
UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine’s LNG-powered fleet of trucks, after the first deployment at its Awarpur Cement Works near Nagpur. The use of LNG trucks is a significant step towards achieving the company's sustainability targets. This development underscores UltraTech's commitment to scaling up its LNG fleet at its plants across the country in the coming months.
“At UltraTech, we are dedicated to creating a sustainable future, and we are fully committed to collaborating with our partners and stakeholders to achieve our goal of a cleaner environment. Our association with GreenLine is a step forward on our ongoing efforts to decrease emissions, enhance energy efficiency," Tanmay Pradhan, AVP Logistics at UltraTech Cement, said.
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more