Centre Commits Rs 10 Bn to NE Waterways by 2026
ECONOMY & POLICY

Centre Commits Rs 10 Bn to NE Waterways by 2026

The central government will invest an additional Rs 10 billion in inland waterways projects across Assam and the Northeast by 2026, Union Ports, Shipping and Waterways Minister Sarbananda Sonowal announced on Monday.

Reviewing the progress of ongoing initiatives with senior officials from the ministry, Inland Waterways Authority of India (IWAI), Public Works Department (PWD), Indian Port Rail and Ropeway Corporation Limited (IPRCL), and Cochin Shipyard Limited (CSL), Sonowal reaffirmed the Centre’s commitment to transforming the region into a key maritime hub.

In the past two years, projects worth Rs 10 billion have been sanctioned for the Northeast Region (NER), of which Rs 3 billion worth of work has been completed. The remaining Rs 7 billion in projects are expected to be finalised by 2025.

The government is focusing on infrastructure development along National Waterways 2 (Brahmaputra) and 16 (Barak), including new passenger vessels, terminal construction, and skill development. Sonowal also instructed officials to train local youth with advanced maritime skills to meet industry needs.

The minister reviewed the proposed Inland Water Transport (IWT) project at Doyang Lake and assessed the tourism potential of Noune and Shilloi lakes in Nagaland. He also evaluated feasibility studies for IWT projects on the Tiawng and Chhimtuipui rivers in Mizoram, as well as the Umiam Lake and Ummgot River (NW106) in Meghalaya.

On the Barak River, Sonowal confirmed that dredging, survey operations, and floating terminals at Karimganj and Badarpur underscore the Centre’s commitment to positioning the Northeast as a vital part of India’s maritime future.

The central government will invest an additional Rs 10 billion in inland waterways projects across Assam and the Northeast by 2026, Union Ports, Shipping and Waterways Minister Sarbananda Sonowal announced on Monday.Reviewing the progress of ongoing initiatives with senior officials from the ministry, Inland Waterways Authority of India (IWAI), Public Works Department (PWD), Indian Port Rail and Ropeway Corporation Limited (IPRCL), and Cochin Shipyard Limited (CSL), Sonowal reaffirmed the Centre’s commitment to transforming the region into a key maritime hub.In the past two years, projects worth Rs 10 billion have been sanctioned for the Northeast Region (NER), of which Rs 3 billion worth of work has been completed. The remaining Rs 7 billion in projects are expected to be finalised by 2025.The government is focusing on infrastructure development along National Waterways 2 (Brahmaputra) and 16 (Barak), including new passenger vessels, terminal construction, and skill development. Sonowal also instructed officials to train local youth with advanced maritime skills to meet industry needs.The minister reviewed the proposed Inland Water Transport (IWT) project at Doyang Lake and assessed the tourism potential of Noune and Shilloi lakes in Nagaland. He also evaluated feasibility studies for IWT projects on the Tiawng and Chhimtuipui rivers in Mizoram, as well as the Umiam Lake and Ummgot River (NW106) in Meghalaya.On the Barak River, Sonowal confirmed that dredging, survey operations, and floating terminals at Karimganj and Badarpur underscore the Centre’s commitment to positioning the Northeast as a vital part of India’s maritime future.

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement