Adani Ports Orders Rs 4.5 Bn Conventional Tugs from Cochin Shipyard
PORTS & SHIPPING

Adani Ports Orders Rs 4.5 Bn Conventional Tugs from Cochin Shipyard

Adani Ports and Special Economic Zone Ltd (APSEZ) has placed a Rs 4.54 billion with Cochin Shipyard Ltd for eight conventional 70-tonne bollard pull harbour tugs. While this move bolsters APSEZ's operational capabilities, it skips an opportunity to align with the Union government’s Green Tug Transition Program (GTTP), which aims to phase out conventional fuel-based tugs by introducing greener alternatives such as electric or hydrogen-powered tugs.

The GTTP, launched in August, outlines plans for major ports to transition to eco-friendly tug fleets by 2040, with an initial phase requiring four ports to acquire green tugs by 2027. However, none of the 152 tugs in Adani Ports’ fleet, including those in this new order, meet green standards.

Despite the absence of green technology, the order supports the government’s ‘Make in India’ initiative, as the tugs will be built locally at Udupi Cochin Shipyard Ltd. Adani Ports’ CEO Ashwani Gupta emphasised the commitment to leveraging Indian manufacturing capabilities to enhance maritime infrastructure while maintaining operational efficiency.

Cochin Shipyard’s Chairman Madhu Nair acknowledged the slow but eventual shift to green technologies, suggesting a transitional coexistence of conventional and green tugs in the coming years. This order underscores the need for balancing immediate operational requirements with long-term sustainability goals in India's maritime sector.

Adani Ports and Special Economic Zone Ltd (APSEZ) has placed a Rs 4.54 billion with Cochin Shipyard Ltd for eight conventional 70-tonne bollard pull harbour tugs. While this move bolsters APSEZ's operational capabilities, it skips an opportunity to align with the Union government’s Green Tug Transition Program (GTTP), which aims to phase out conventional fuel-based tugs by introducing greener alternatives such as electric or hydrogen-powered tugs. The GTTP, launched in August, outlines plans for major ports to transition to eco-friendly tug fleets by 2040, with an initial phase requiring four ports to acquire green tugs by 2027. However, none of the 152 tugs in Adani Ports’ fleet, including those in this new order, meet green standards. Despite the absence of green technology, the order supports the government’s ‘Make in India’ initiative, as the tugs will be built locally at Udupi Cochin Shipyard Ltd. Adani Ports’ CEO Ashwani Gupta emphasised the commitment to leveraging Indian manufacturing capabilities to enhance maritime infrastructure while maintaining operational efficiency. Cochin Shipyard’s Chairman Madhu Nair acknowledged the slow but eventual shift to green technologies, suggesting a transitional coexistence of conventional and green tugs in the coming years. This order underscores the need for balancing immediate operational requirements with long-term sustainability goals in India's maritime sector.

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Real Estate

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement