Ravindra Energy Limited informed the stock exchanges that its associate company, Energy In Motion Limited (EIM), has entered into a partnership with Transvolt Mobility Private Limited for the deployment of 66 electric heavy vehicles, marking a significant step toward zero-emission logistics operations at major Indian ports.
Under the agreement, EIM will supply 66 units of its EIM-Foton 55-ton battery-swappable electric tractor “Ashwa” to Transvolt. The vehicles are designed for hauling multiple types of trailers and will be supported by EIM through battery-swapping and charging services provided as part of an integrated energy-as-a-service model. The company stated that the full supply of vehicles will be completed during March and April 20
The electric tractors will be deployed at Kandla Port, Gujarat, and Jawaharlal Nehru Port, Navi Mumbai, where they will be used for intra-port movement of containerized cargo. According to the disclosure, the deployment is expected to reduce carbon dioxide emissions by around 3,300 tons annually and support the ongoing transition of port terminals toward 100% zero-emission transport systems.
Commenting on the development, Narendra Murkumbi, Vice Chairman of Ravindra Energy and Managing Director of EIM, said, “This order is further validation of the EIM approach to solving the entire EV challenge in heavy commercial vehicles by selling vehicles without battery pack and offering a charging service with swappable batteries. We are honoured to have a highly experienced and focused e-mobility
company like Transvolt as our customer”
Debasis Mohanty, CEO and Co-founder of Transvolt, stated that “This initiative will accelerate the transition to cleaner, more efficient logistics infrastructure, while reducing operational emissions for port terminals. This move further represents Transvolt’s strategic expansion beyond surface mobility and positions it as an early adopter of green technology in a traditionally diesel-dependent sector. This aligns with the sustainability and safety principles of IFC, World Bank, and FinnFund, the Investors of Transvolt.”
Energy In Motion Limited, an associate venture in which Ravindra Energy holds 49.5% stake, focuses on clean mobility solutions through a model that separates vehicle ownership from battery and energy services. The company commenced commercial operations in August 2025 and is building an ecosystem for electric heavy-duty transport through long-term energy supply and swapping infrastructure contracts.
