Budget Boost for Port Development

06 Feb 2024 CW Team

In a significant move to bolster maritime infrastructure and promote tourism, the government has allocated a substantial budget for the development of ports, including those in the scenic archipelago of Lakshadweep. The allocation aims to enhance connectivity, boost economic activities, and unlock the tourism potential of these regions.

The financial commitment underscores the government's commitment to strengthening coastal infrastructure, a key driver for economic growth and tourism. The funds are expected to facilitate the creation of modern facilities, improve port efficiency, and attract more visitors to the picturesque Lakshadweep islands.

This initiative aligns with the government's broader strategy to enhance maritime trade and connectivity. The move is anticipated to generate employment opportunities, stimulate local economies, and position Lakshadweep as a sought-after tourist destination.

Key stakeholders, including the Ministry of Shipping and Tourism, are optimistic about the positive impact of this budget allocation. As the government sets sail on this ambitious plan, eyes are on the transformative changes it will bring to the coastal regions and their contribution to India's economic and tourism landscape.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..