+
Netincon Wins India’s First Green Tug Tender
PORTS & SHIPPING

Netincon Wins India’s First Green Tug Tender

In a landmark move toward sustainable maritime operations, Netincon Marketing Pvt Ltd, a subsidiary of the Ripley Group, has emerged as the lowest bidder for India’s first electric green tug tender floated by the Deendayal Port Authority. The company quoted a daily hire rate of Rs 6.3 lakh—5.97% lower than the reserve price of Rs 6.7 lakh.

To meet the tender's technical requirements, Netincon Marketing has partnered with Mandovi Drydocks, a Goa-based shipbuilder, to construct the electric tug. The contract will run for 15 years, marking a significant step in India’s effort to decarbonize port operations.

This development is part of the Green Tug Transition Programme (GTTP) launched by the Ministry of Ports, Shipping and Waterways in August 2024. The programme aims to replace conventional harbour tugs with green alternatives that run on cleaner fuels.

In the first phase, which runs until December 2027, four major ports—JNPA, Deendayal, Paradip, and VOC Port—will each acquire or charter at least two green tugs, supported by a projected investment of ?1,000 crore. The Standing Specification Committee (SSC) has developed standardised designs to guide this transition.

Netincon, traditionally active in stevedoring, logistics, and ship owning, will now play a pivotal role in India’s push for greener, future-ready port infrastructure.

In a landmark move toward sustainable maritime operations, Netincon Marketing Pvt Ltd, a subsidiary of the Ripley Group, has emerged as the lowest bidder for India’s first electric green tug tender floated by the Deendayal Port Authority. The company quoted a daily hire rate of Rs 6.3 lakh—5.97% lower than the reserve price of Rs 6.7 lakh. To meet the tender's technical requirements, Netincon Marketing has partnered with Mandovi Drydocks, a Goa-based shipbuilder, to construct the electric tug. The contract will run for 15 years, marking a significant step in India’s effort to decarbonize port operations. This development is part of the Green Tug Transition Programme (GTTP) launched by the Ministry of Ports, Shipping and Waterways in August 2024. The programme aims to replace conventional harbour tugs with green alternatives that run on cleaner fuels. In the first phase, which runs until December 2027, four major ports—JNPA, Deendayal, Paradip, and VOC Port—will each acquire or charter at least two green tugs, supported by a projected investment of ?1,000 crore. The Standing Specification Committee (SSC) has developed standardised designs to guide this transition. Netincon, traditionally active in stevedoring, logistics, and ship owning, will now play a pivotal role in India’s push for greener, future-ready port infrastructure.

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App