Government to invest Rs 1,900 cr on 45 Ro-Ro ferry projects

20 Jun 2022 CW Team

The Ministry of Ports, Shipping, and Waterways are financially supporting 45 roll-on-roll-off (Ro-Ro) ferry projects with a total cost of Rs 1,900 crore.

The ministry has operationalised the roll-on-roll-off passenger (Ro-Pax) ferry service between Gujarat's Ghogha-Hazira and Maharashtra's Mumbai-Mandwa.

These services have transported over 7 lakh passengers and 1.5 lakh vehicles, contributing to a clean environment and public welfare.

In view of the success of these projects and high demand and potential, additional projects are planned at Muldwarka and Pipavav in Gujarat and Veldur, Ghodbunder, Vasai, Rewas, Manori, Kashid, and JN Port in Maharashtra.

The ministry has designed a draft of Guidelines for Operationalisation of Ro-Ro and Ro-Pax ferry services along the coast of India' after including the preliminary inputs received from the stakeholders.

These guidelines would homogenise and streamline the development and operations of ferry services, along with facilitating ease of doing business by eradicating disagreements, and unnecessary delays and introducing digital interventions at the customer interface, the statement stated.

The guidelines will also support state and UT governments and Port authorities in the execution of such projects by standardisation of procedures, it said.

Image Source

Also read: Govt identifies 9 high-impact infra projects under Gati Shakti

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..