APM Terminals Pipavav to Serve ONGC in Offshore Logistics

30 Sep 2025 CW Team

APM Terminals Pipavav has entered a five-year contract with ONGC to establish an offshore oil and gas logistics base at its multi-cargo port. The partnership positions the private port operator as ONGC’s strategic supply base, strengthening Pipavav Port’s role in supporting India’s energy security.

Leveraging its proximity to ONGC’s Tapti and Kutch oil fields, the port will provide world-class infrastructure to service offshore assets efficiently. The collaboration is designed to ensure safe, reliable operations while enhancing offshore supply capabilities.

“Our port capabilities, focus on reliability, and collaborative approach ensure we deliver impactful solutions for India’s critical offshore logistics needs,” said Girish Aggarwal, Managing Director at APM Terminals Pipavav.

The port’s advanced multi-modal infrastructure, integrated warehousing, and strategic location will enhance operational efficiency, supply chain resilience, and reliability for ONGC and the wider oil and gas sector. The contract also opens new business avenues for Gujarat Pipavav Port Ltd, positioning it as a key player in India’s offshore logistics landscape.

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..