Mormugao Port to Attract Rs 300 bn Investments at Maritime Week
ECONOMY & POLICY

Mormugao Port to Attract Rs 300 bn Investments at Maritime Week

Mormugao Port Authority (MPA) in Goa is set to sign multiple Memoranda of Understanding (MoUs) worth Rs 300 billion during the upcoming Maritime Week. The agreements aim to accelerate investments in logistics, port modernisation, and renewable energy projects.

Officials stated that the MoUs will focus on developing coastal infrastructure, improving cargo handling capacity, and promoting sustainable practices under the Sagarmala initiative. The port, which has been diversifying its cargo mix, plans to attract private participation in green and smart port facilities.

The event is expected to draw participation from major industry players and government stakeholders, reinforcing Goa’s position as a key maritime and logistics hub on India’s western coast.

Mormugao Port Authority (MPA) in Goa is set to sign multiple Memoranda of Understanding (MoUs) worth Rs 300 billion during the upcoming Maritime Week. The agreements aim to accelerate investments in logistics, port modernisation, and renewable energy projects. Officials stated that the MoUs will focus on developing coastal infrastructure, improving cargo handling capacity, and promoting sustainable practices under the Sagarmala initiative. The port, which has been diversifying its cargo mix, plans to attract private participation in green and smart port facilities. The event is expected to draw participation from major industry players and government stakeholders, reinforcing Goa’s position as a key maritime and logistics hub on India’s western coast.

Next Story
Infrastructure Urban

Tata Communications Revives Nagan Thangal Lake in Tamil Nadu

Tata Communications, in partnership with Pitchandikulam Forest, has rejuvenated Nagan Thangal Lake in Upparapalayam village, Tamil Nadu, transforming the 15.01-acre site into a thriving ecological and community hub. Launched in 2022 under *Project Nanneer* (“good water” in Tamil), the initiative has improved water security, biodiversity, and community engagement, as per a recent study by the Watershed Organisation Trust Centre for Resilience Studies (W-CReS). Once a vital but neglected water source for 2,800 residents, the lake’s capacity had dropped by 75 per cent. Through land shaping..

Next Story
Infrastructure Urban

PTC Industries Wins GTRE Order for Single Crystal Turbine Blades

PTC Industries Limited, a leading manufacturer of high-performance materials and precision-engineered components for aerospace and defence, has received a Purchase Order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), for Post-Cast Operations to produce Single Crystal ‘Ready-to-Fit’ Turbine Blades. The announcement was made in the presence of Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath at the inauguration of PTC’s Titanium & Superalloys Materials Plant in Lucknow. This marks the first time an Indi..

Next Story
Technology

NCBA unveils East Africa’s first cloud-based corporate platform

Nairobi, 23 October 2025: NCBA Bank has launched Connect Plus, an advanced transaction banking platform powered by Intellect’s eMACH.ai Digital Transaction Banking solution, becoming the first bank in East Africa to adopt a cloud-based corporate banking system. The upgraded platform enhances transaction speed, payment flexibility, cash liquidity management, and integration with other financial platforms, offering a secure and intuitive experience for corporate clients. James Gossip, Managing Director, NCBA Kenya, said the launch aligns with Kenya’s Vision 2030 Digital Economy initiative,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?