NECC Charges Ahead: Secures Landmark 5-Year EV Logistics Contract with Tata Steel

North Eastern Carrying Corporation Ltd (NECC) has clinched a groundbreaking 5-year contract from Tata Steel Limited for EV logistics, marking a significant milestone in sustainable transportation. The deal involves using electric heavy vehicles to transport steel products from Tata Steel's Sahibabad plant to various destinations. This contract represents NECC's first major foray into EV logistics, aligning with its commitment to explore eco-friendly transportation solutions. The company's strategic investment in SG Green Logistics and its ongoing development of a state-of-the-art warehouse facility near Gurugram further underscore NECC's dedication to innovation and sustainability in the logistics sector.

Source: BSE (Bombay Stock Exchange) filing