Press Release "ampvolts Limited Grabs prestigious order from GHCL Limited"
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Ampvolts Limited has secured a long-term contract from GHCL Limited to transport imported commodities from Pipavav port to GHCL's Sutrapada factory in Gujarat. The company will deploy 10 electric trucks of 55 tonnes each, operated through one of GHCL's empaneled Local Service Providers. The deal will support Minimum Usage Guarantee (MUG) for Ampvolts' charging stations and is expected to generate decent turnover with healthy EBITDA margins. The contract also establishes a green freight corridor supporting zero-emission trucking and ESG compliance. This marks a significant B2B win for Ampvolts, positioning it in the corporate green mobility space.
Positive for the company as it locks in recurring long-term revenue, supports utilization of its charging infrastructure, and strengthens its credentials in the EV logistics segment. Short-term stock reaction may be mildly positive, though no specific order value has been disclosed.