Karnataka plans to develop two greenfield ports

04 Mar 2021 CW Team

One greenfield port is already being developed under PPP at Honnavar in Uttara Kannada district at a cost of around Rs 600 crore.

Other projects worth about Rs 1,172 crore are also being developed under the Sagarmala scheme in Karnataka. Karnataka has invited private players to participate in the development of maritime infrastructure in the state.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The Chief Minister stressed the need to improve the connectivity from the ports to the hinterland for the development of ports in Karnataka.

The Ministry of Ports, Shipping and Waterways (MoPSW) told the media that the government has identified around 400 ports and shipping projects valued over Rs 2 lakh crore that will be offered for investment to the private sector. These projects will be taken up on a PPP basis.

As we have reported earlier, Prime Minister Narendra Modi inaugurated the Maritime India Summit 2021 through video conferencing this week. The summit aims to explore the potential business opportunities in the Indian maritime sector and the Atmanirbhar Bharat scheme.

Image Source

Also read: Tuticorin port to be transformed into transhipment hub

Also read: Govt to invite pvt investment in 400 ports worth Rs 2 lakh cr

The Karnataka government plans to develop two greenfield ports at Pavinakurve and Belekeri in Uttara Kannada district at an investment of more than Rs 3,000 crore on public private partnership (PPP) mode. Chief Minister BS Yediyurappa announced the plan at a session on 'Investment opportunities in Karnataka', as a part of the Maritime India Summit 2021, which is being held virtually. One greenfield port is already being developed under PPP at Honnavar in Uttara Kannada district at a cost of around Rs 600 crore. Other projects worth about Rs 1,172 crore are also being developed under the Sagarmala scheme in Karnataka. Karnataka has invited private players to participate in the development of maritime infrastructure in the state.4th Indian Cement Review Conference 202117-18 March Click for event info The Chief Minister stressed the need to improve the connectivity from the ports to the hinterland for the development of ports in Karnataka. The Ministry of Ports, Shipping and Waterways (MoPSW) told the media that the government has identified around 400 ports and shipping projects valued over Rs 2 lakh crore that will be offered for investment to the private sector. These projects will be taken up on a PPP basis. As we have reported earlier, Prime Minister Narendra Modi inaugurated the Maritime India Summit 2021 through video conferencing this week. The summit aims to explore the potential business opportunities in the Indian maritime sector and the Atmanirbhar Bharat scheme. Image Source Also read: Tuticorin port to be transformed into transhipment hub Also read: Govt to invite pvt investment in 400 ports worth Rs 2 lakh cr

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..

Infrastructure Energy

05 Nov 2025

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..

Infrastructure Urban

05 Nov 2025

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..