MSC Enhances Paradip-Colombo Connectivity

12 Mar 2024 CW Team

MSC, a global leader in shipping, has initiated a feeder service, strengthening maritime connectivity between Paradip and Colombo. This strategic move falls under the Odisha Government's visionary VGF scheme, fortifying regional trade dynamics.

The newly launched feeder service is a pivotal development in the maritime landscape, providing a reliable and efficient link between the ports of Paradip in India and Colombo in Sri Lanka. This initiative is set to catalyze economic growth, promoting smoother trade operations and fostering stronger ties between the two nations.

As part of the Odisha Government's VGF scheme, MSC's feeder service aligns with the broader vision to boost infrastructure and enhance logistical capabilities in the region. This collaboration signifies a commitment to facilitating seamless trade, reducing transit times, and optimising cargo movement.

Key Features:

Strategic Partnership: MSC's feeder service is a result of a strategic partnership with the Odisha Government, reflecting a shared commitment to economic development and maritime progress.

Efficient Cargo Movement: The Paradip-Colombo link is poised to streamline cargo movement, reducing delays and enhancing overall logistics efficiency for businesses in the region.

Regional Economic Impact: The initiative is expected to have a significant positive impact on the regional economy, creating new opportunities and contributing to job creation.

VGF Scheme Support: The Odisha Government's VGF scheme serves as a catalyst for this collaboration, providing essential support to bolster infrastructure and trade connectivity.

This development underscores the importance of robust maritime infrastructure in fostering international trade relations. MSC's commitment to elevating connectivity aligns with the broader vision of creating a dynamic and resilient trade ecosystem in the region.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..