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Blue Energy Signs ₹3,500 Crore Pact With Maharashtra Govt to Build New Truck Facility

Written by: Neha DubeyUpdated on: 17 Oct 2025, 8:15 pm IST
Blue Energy inks deal with Maharashtra to set up a ₹3,500 crore facility for 30,000 LNG and electric trucks, boosting green mobility.
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Blue Energy Motors has signed an agreement with the Maharashtra government to establish a large-scale manufacturing facility for LNG and electric heavy-duty trucks. 

With an investment commitment of ₹3,500 crore, the project aims to produce 30,000 units over the next five years, supporting India’s push toward sustainable logistics and cleaner transportation.

New Facility to Boost Green Truck Production

Blue Energy Motors will set up a new manufacturing unit in Maharashtra with a planned capacity of 30,000 trucks. The company has already invested USD 50 million in its operations and aims to cumulatively sell 30,000 heavy-duty electric and LNG-powered trucks within the next five years.

Launch of First Heavy-Duty Electric Truck and Corridor

The company marked a milestone by rolling out its first heavy-duty electric truck featuring battery swapping technology. Alongside this, it inaugurated the country’s first electric highway corridor between Pune and Mumbai. 

The corridor is part of Blue Energy’s plan to electrify major national highway routes across India within three years, laying the groundwork for a nationwide green logistics network.

Maharashtra’s Push Toward Sustainable Mobility

The new electric corridor was inaugurated by Maharashtra Chief Minister Devendra Fadnavis, who called the event a defining moment for freight transportation.

He highlighted that the launch aligns with the state’s vision for sustainable innovation and supports India’s broader goals under Atmanirbhar Bharat.

Existing Operations and Market Presence

Blue Energy currently operates a manufacturing facility in Chakan, Pune, with an annual capacity of 10,000 trucks. Over 1,000 LNG-powered trucks from the company are already on Indian roads, giving it a 60% share in the domestic green truck segment.

The company, backed by Essar and FPT (Iveco Group), had introduced its first LNG truck in 2022.

Step Toward a Low-Carbon Future

The investment and new facility reflect Blue Energy’s commitment to advancing green mobility through clean energy technologies and sustainable infrastructure. By focusing on LNG and electric heavy trucks, the company aims to accelerate India’s transition toward a low-carbon, efficient, and resilient freight ecosystem.

Read More: Maharashtra Signs Key MoUs to Boost MSMEs and Tech-Driven Industrial Growth.

Conclusion

Blue Energy’s partnership with the Maharashtra government marks a significant step in expanding India’s green logistics network. Through strategic investments, technological innovation, and infrastructure expansion, the company is positioning itself as a key player in the country’s decarbonisation journey.


 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 17, 2025, 2:43 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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