Mahindra Logistics & LOGOS paves the way for green logistics with its venture partner Ivanhoe Cambridge

Mahindra Logistics Limited, the country’s largest integrated logistics solutions provider, together with LOGOS, the leading logistics specialist for Asia-Pacific, and venture partner Ivanhoe Cambridge, are transforming India’s largest warehousing facility in a single park towards net zero. With this transformation at Luhari, MLL’s total renewable energy warehouses are now over 4 million square feet in the country.

The facility now features a 500kW solar panel on the roof, providing more than two-thirds of Mahindra Logistics’ electricity needs and saving about 12,000 tons of CO2 over its lifetime. This saving is equivalent to the amount of CO2 absorbed by a 240 hectare forest and is also suitable for solar charging of trucks and personal mobility vehicles.

In 2021, LOGOS and Mahindra Logistics completed India’s largest single warehouse lease on NH8 in Delhi-NCR region. LOGOS Luhari Logistics Estate is a 125-hectare, state-of-the-art warehouse park with industry-leading sustainability features, including at least 10 hectares of Miyawaki forest plantation, electric vehicle charging infrastructure and IGBC Platinum certified buildings.

This warehouse is part of the Mahindra Logistics Pan-India network of multi-client facilities that manage the fulfillment and distribution of its clients’ services in the e-commerce, consumer and engineering industries. The facilities are designed in accordance with MLL sustainability standards, renewable energy and waste management requirements, including liquid discharge management and state-of-the-art automation.

Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics Limited said, “Our commitment to becoming carbon neutral by 2040 is an effort to lead the logistics industry by example.” Delivering state-of-the-art, large-scale, multi-tenant, net-zero warehousing infrastructure technology is an effort towards environmentally friendly logistics. At Mahindra Logistics, we continue to offer integrated, tailor-made solutions via a sustainable ecosystem and thank our partners – LOGOS for supporting us on our journey to carbon neutrality.”

Mehul Shah, CEO of LOGOS India said: “Sustainability is a core part of our business and we are very proud to continue to deliver sustainable solutions for our properties and customers with this new solar installation.” We are seeing strong demand from customers, who want to build world-class and sustainable infrastructure, and this project reflects the growing desire for exceptional sustainable performance.”

Ankit Samdariya, India Head of Asset Management and New Initiatives at LOGOS, said: “We are very excited to work with a sustainability-focused client to bring renewable energy to our Luhari Logistics Estate.” “This solar installation will be sustainable and efficient Creating logistic facilities, reducing the carbon footprint and providing our customers with eco-friendly solutions.”

Mahindra Logistics is one of the few companies in the logistics sector to receive certification for reducing carbon emissions from the Science Based Targets Initiative (SBTi). It has also committed to limiting global warming to 1.5°C under the Paris Climate Agreement.

The company has also launched several sustainable initiatives focused on carbon neutrality, circular economy and resource conservation. As part of this, MLL is building new facilities that comply with IGBC/LDEED certification standards.

LOGOS also plans to install over 10MW of rooftop solar panels in its industrial and warehouse parks in India over the next three years to meet the need for clean energy. LOGOS Luhari Logistics Estate is part of LOGOS India Logistics Venture with Ivanhoé Cambridge, which has an investment capacity of US$800 million to develop and own high quality, modern industrial and logistics facilities in key markets of India.

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