India Sets Ambitious 2029 Deadline for Green Shipping Transformation

13 Mar 2024 CW Team

India, a major player in the global shipping industry, is spearheading a transformative shift to greener alternatives. With an eye on a cleaner and more sustainable future, the government has outlined ambitious targets to convert all coastal and inland vessels to renewable energy

sources within the next eight years. This strategic initiative aligns with India's broader commitment to combat climate change and reduce its carbon footprint.

The comprehensive plan addresses not only the environmental impact of shipping but also the economic benefits associated with renewable energy adoption in the maritime sector. The move is expected to enhance energy efficiency, reduce operational costs, and position India as a leader in green shipping practices on the global stage.

The announcement comes at a time when the international community is increasingly focusing on sustainable solutions to address climate challenges. By embracing renewable energy for its entire fleet, India aims to set an inspiring example for other nations and contribute significantly to the global efforts to mitigate the maritime industry's environmental impact.

As the nation gears up for this transformative journey, collaboration between the government, industry stakeholders, and technology innovators will play a pivotal role in achieving these ambitious goals. The initiative not only emphasises India's commitment to a cleaner environment but also underscores the potential for renewable energy to revolutionise traditional sectors and pave the way for a more sustainable future.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..