Mormugao Port inks Rs 61.6 billion deals at Maritime Week

31 Oct 2025 CW Team

Simultaneously, the Inland Waterways Authority of India (IWAI) announced an allocation of Rs 2 billion to boost Goa’s inland waterway infrastructure. Chief Minister Pramod Sawant said the funds would accelerate the modernisation of ferry terminals, jetties, and river navigation facilities. “The impact of this investment will soon be visible across Goa’s waterways, enhancing mobility, tourism, and economic activity,” he said while inaugurating the India Maritime Week.

Sawant added that the state’s shipbuilding vision for 2037 aims to position Goa as a green, smart, and export-oriented maritime hub. A comprehensive shipbuilding policy is also expected to be announced soon.

The Chief Minister further noted that eco-friendly coastal shipping, cruise tourism, fisheries infrastructure, renewable energy, logistics, and maritime skill development will be key priorities under the state’s maritime masterplan.

MPA and Atlantic & Pacific LNG have entered into a strategic alliance for the development, construction, and operation of LNG and liquefied petroleum gas (LPG) terminals at Vasco, which are expected to be operational by 2027.

Sawant said his government is committed to promoting port-led industrial growth while maintaining a balance with ocean health. “We aim to advance the circular economy, promote clean energy, and ensure responsible use of marine resources in line with the Sustainable Development Goals,” he stated.

Port authorities are also exploring the feasibility of interstate ferry services, including a proposed Mumbai–Goa roll-on/roll-off (RoRo) ferry connection. Ports Minister Digambar Kamat added that the process to establish the Goa Maritime Board has already commenced.

The Mormugao Port Authority (MPA) has signed 25 Memoranda of Understanding (MoUs) at the India Maritime Week in Mumbai, creating a tentative investment pipeline worth Rs 61.6 billion. Among the projects is a major Rs 35 billion (USD 400 million) proposal to develop a liquefied natural gas (LNG) terminal at the Vasco port. Simultaneously, the Inland Waterways Authority of India (IWAI) announced an allocation of Rs 2 billion to boost Goa’s inland waterway infrastructure. Chief Minister Pramod Sawant said the funds would accelerate the modernisation of ferry terminals, jetties, and river navigation facilities. “The impact of this investment will soon be visible across Goa’s waterways, enhancing mobility, tourism, and economic activity,” he said while inaugurating the India Maritime Week. Sawant added that the state’s shipbuilding vision for 2037 aims to position Goa as a green, smart, and export-oriented maritime hub. A comprehensive shipbuilding policy is also expected to be announced soon. The Chief Minister further noted that eco-friendly coastal shipping, cruise tourism, fisheries infrastructure, renewable energy, logistics, and maritime skill development will be key priorities under the state’s maritime masterplan. MPA and Atlantic & Pacific LNG have entered into a strategic alliance for the development, construction, and operation of LNG and liquefied petroleum gas (LPG) terminals at Vasco, which are expected to be operational by 2027. Sawant said his government is committed to promoting port-led industrial growth while maintaining a balance with ocean health. “We aim to advance the circular economy, promote clean energy, and ensure responsible use of marine resources in line with the Sustainable Development Goals,” he stated. Port authorities are also exploring the feasibility of interstate ferry services, including a proposed Mumbai–Goa roll-on/roll-off (RoRo) ferry connection. Ports Minister Digambar Kamat added that the process to establish the Goa Maritime Board has already commenced.

Infrastructure Urban

14 Nov 2025

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Infrastructure Urban

14 Nov 2025

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Infrastructure Energy

14 Nov 2025

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..