AVG Logistics Limited said it has entered into a memorandum of understanding with Baidyanath LNG Private Limited, a company engaged in developing liquefied natural gas infrastructure.
As per an exchange filing, the partnership aims to accelerate the adoption of LNG-powered transportation across major industrial sectors, including steel and metals, fast-moving consumer goods, cement and other high-volume logistics segments.
Under the MoU, Baidyanath LNG will provide dedicated LNG-powered fleets and access to LNG filling stations, while working with AVG to develop customised LNG solutions for the transportation sector. AVG Logistics, in turn, will promote LNG as an alternative fuel by offering LNG-powered logistics solutions to its existing and prospective customers.
Also Read: Sanctions delay Russia’s plan to triple LNG output, Novak says
Commenting on the development, Sanjay Gupta, Managing Director and Chief Executive Officer of AVG Logistics, said the collaboration aligns with the company’s focus on sustainable and profitable growth. He added that integrating LNG-powered fleets is expected to improve operating efficiency, optimise fuel costs and support margin expansion over the medium to long term.
Vaddadi Subbarao, Director of Baidyanath LNG, said the agreement would support the company’s plans to expand LNG refuelling infrastructure across India and enable uninterrupted LNG supply along key trucking routes, aiding the shift towards cleaner heavy-duty transportation.
Also Read: NTPC completes 23 MW Solapur solar project in Maharashtra
