Kandla Port to Expand with Rs.570 Billion Investment

08 Jan 2025 CW Team

Union Minister Sarbananda Sonowal announced a Rs 570 billion investment to enhance Kandla Port's capacity, aligning with India's 'Make in India, Make for the World' initiative.

The two key projects include:

A Mega Shipbuilding Facility with a Rs 300 billion investment, capable of producing 32 ships and repairing 50 annually. A New Cargo Terminal outside Kandla Creek, adding 135 MTPA capacity with a Rs 270 billion investment.

The shipbuilding facility, spread across 8,000+ acres, will develop Very Large Crude Carrier (VLCC) manufacturing capabilities and include townships and marine industrial clusters, creating significant employment opportunities.

The state-of-the-art cargo terminal will segregate dry and liquid cargo operations, reducing vessel waiting times and turnaround durations. The proximity to the navigation channel will also minimize dredging requirements, allowing larger vessels to dock.

Sonowal emphasized the importance of ports as economic hubs, adding, "These developments will propel India towards self-reliance under Prime Minister Narendra Modi’s leadership."

Additional projects at Kandla Port include:

A mega cargo terminal at Tuna Tekra with 2.19 million TEU capacity. Three new oil jetties and Single Buoy Mooring at Vadinar to handle 24.5 MTPA liquid cargo. A ship repair facility at Vadinar to service 32 vessels annually.

These initiatives aim to position Kandla Port as a global maritime powerhouse.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..