Paradip Port Hits Fastest 50 MMT Cargo Milestone

31 Jul 2025 CW Team

The Paradip Port Authority (PPA) has set a new record by handling 50 million metric tonnes (MMT) of cargo within just four months of the current financial year, achieving the milestone faster than ever before. This was accomplished four days earlier than in the previous year, underlining the port’s growing efficiency and operational prowess.

Port officials attributed this achievement to well-executed strategies, a committed workforce, and consistent support from stakeholders.

Coal cargo contributed 22.06 MMT, reflecting a modest 0.53 per cent increase year-on-year. Meanwhile, container cargo witnessed a notable 27.80 per cent surge, signalling the port’s diversification and growing capacity. Crude oil cargo rose to 11.36 MMT, with a 14.97 per cent increase, and fertiliser raw materials grew by 8.41 per cent compared to the same period last fiscal.

PPA Chairman P. L. Haranadh extended his gratitude to the Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, for his dynamic leadership.

“With the relentless efforts of our dedicated workforce and the continued trust of our customers, we shall keep scripting remarkable success stories for Paradip Port,” Haranadh stated.

Buoyed by enhanced operational efficiency and strategic infrastructure upgrades, PPA is confident of achieving its cargo throughput targets for FY 2025–26.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..