Paradip Port to ink Rs 1.5 trillion MoUs at India Maritime Week
PORTS & SHIPPING

Paradip Port to ink Rs 1.5 trillion MoUs at India Maritime Week

Paradip Port is set to make a major impact at the upcoming India Maritime Week (IMW) 2025 in Mumbai, with plans to sign Memorandums of Understanding (MoUs) worth Rs 1.5 trillion across multiple sectors, including shipbuilding, port modernisation, green hydrogen, smart port initiatives, and business development.

Hosted by the Ministry of Ports, Shipping and Waterways, the event will take place in Mumbai from 27 to 31 October. Touted as the world’s largest maritime conclave, IMW will bring together over 100 maritime nations, 200 global experts, and 500 leading maritime industries, providing a premier platform for investment, innovation, and international collaboration.

Paradip emerges as green hydrogen hub

Paradip Port was recently designated as a Green Hydrogen Hub, joining Tuticorin and Kandla as one of India’s three such ports. The port is expected to play a key role in supporting India’s clean energy transition and driving sustainable maritime growth.

The Government of Odisha will also participate in IMW, highlighting the state’s port-led development potential through a dedicated session. The state has already signed MoUs with the Paradip Port Authority (PPA) for major projects, including the Bahuda Port development and a shipbuilding centre in Kendrapara district — both expected to generate significant employment and boost regional economic activity.

Cruise terminal and tourism boost

During IMW 2025, Odisha is also expected to sign an MoU to develop a cruise terminal in Puri, aimed at enhancing maritime tourism. The project’s first phase will focus on Puri, while the second phase will extend the terminal to Paradip within two to three years.

In the lead-up to the conclave, Paradip Port has launched several public outreach campaigns — including sand art displays, advertisements, and social media initiatives coinciding with Diwali celebrations — to promote maritime awareness.

These combined efforts reflect the commitment of the Government of Odisha, Paradip Port, and the Ministry of Ports, Shipping and Waterways to advance sustainable growth, employment generation, and India’s maritime transformation.

Paradip Port is set to make a major impact at the upcoming India Maritime Week (IMW) 2025 in Mumbai, with plans to sign Memorandums of Understanding (MoUs) worth Rs 1.5 trillion across multiple sectors, including shipbuilding, port modernisation, green hydrogen, smart port initiatives, and business development. Hosted by the Ministry of Ports, Shipping and Waterways, the event will take place in Mumbai from 27 to 31 October. Touted as the world’s largest maritime conclave, IMW will bring together over 100 maritime nations, 200 global experts, and 500 leading maritime industries, providing a premier platform for investment, innovation, and international collaboration. Paradip emerges as green hydrogen hub Paradip Port was recently designated as a Green Hydrogen Hub, joining Tuticorin and Kandla as one of India’s three such ports. The port is expected to play a key role in supporting India’s clean energy transition and driving sustainable maritime growth. The Government of Odisha will also participate in IMW, highlighting the state’s port-led development potential through a dedicated session. The state has already signed MoUs with the Paradip Port Authority (PPA) for major projects, including the Bahuda Port development and a shipbuilding centre in Kendrapara district — both expected to generate significant employment and boost regional economic activity. Cruise terminal and tourism boost During IMW 2025, Odisha is also expected to sign an MoU to develop a cruise terminal in Puri, aimed at enhancing maritime tourism. The project’s first phase will focus on Puri, while the second phase will extend the terminal to Paradip within two to three years. In the lead-up to the conclave, Paradip Port has launched several public outreach campaigns — including sand art displays, advertisements, and social media initiatives coinciding with Diwali celebrations — to promote maritime awareness. These combined efforts reflect the commitment of the Government of Odisha, Paradip Port, and the Ministry of Ports, Shipping and Waterways to advance sustainable growth, employment generation, and India’s maritime transformation.

Next Story
Infrastructure Transport

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Next Story
Equipment

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

Next Story
Resources

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->