Ravindra Energy Limited’s Associate Company Partners with Transvolt for Electric Vehicle Deployment

Ravindra Energy Limited’s Associate Company Partners with Transvolt for Electric Vehicle Deployment​

Ravindra Energy Limited announced on March 25, 2026, that its associate company, Energy In Motion Limited ('EIM'), has partnered with Transvolt Mobility Private Limited ('TMPL' or 'Transvolt') for the supply of 66 electric heavy vehicles. The vehicles, known as EIMFoton 55-ton e-tractor "Ashwa," are battery-swappable and suitable for hauling trailers. EIM will also provide swappable batteries and charging services to Transvolt.

The full supply of vehicles is expected to be completed in March and April 2026. Transvolt plans to deploy these vehicles at Kandla Port-Gujarat & Jawaharlal Nehru Port-Nava Sheva Mumbai for containerized goods movement. This deployment is projected to reduce CO2 emissions by approximately 3300 tons annually.

According to Mr. Narendra Murkumbi, Vice Chairman of Ravindra Energy and Managing Director of EIM, the order validates EIM’s approach to electric commercial vehicles, selling vehicles without battery packs and offering a charging service.

Mr. Debasis Mohanty, CEO and Co-founder of Transvolt, stated that the initiative will accelerate the transition to cleaner logistics and represents Transvolt's expansion beyond surface mobility. Transvolt is backed by investors including IFC, World Bank, and FinnFund.

EIM, a Ravindra Energy Limited associate venture (REL holding 49.5%), commenced commercial operations on August 1, 2025. The company's business model involves selling electric tractors without battery packs and providing battery packs, charging infrastructure, and energy supply through long-term contracts.

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