Paradeep Parivahan Ltd — Important, 23-01-2026: Company Update

Paradeep Parivahan Limited has signed an 8-year agreement with UltraTech Cement Limited to deploy one of India’s largest trans-state electric vehicle fleets for bulk transportation. This strategic partnership aims to significantly reduce CO₂ emissions by an estimated 15,000–20,000 tonnes annually, marking a major step in sustainable industrial logistics. The project, which includes EV ecosystem support from Energy In Motion Limited, positively contributes to Paradeep Parivahan's existing order book of over ₹300 crore, strengthening its long-term growth in green mobility solutions.