Port sector asked to decarbonise entire chain of operations; MMB

05 Jun 2024 CW Team

The Maharashtra Maritime Board called upon both public and private stakeholders within the port sector to join forces in reducing carbon emissions throughout the entirety of port operations.

Praveen S Khara, Chief Port Officer, Maharashtra Maritime Board, underscored the government's proactive endorsement of the "Harit Sagar"green port guidelines, introduced by Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal in May the previous year, as part of the endeavour to achieve zero carbon emissions. Maharashtra handles a substantial 77 million metric tonnes of cargo, involving various stakeholders across the logistics and trade ecosystem.

The 2023 Harit Sagar Guidelines focus on fostering a greener approach to port development, operation, and maintenance, with the aim of minimising environmental impact on the harbour ecosystem. They advocate for the utilisation of clean and sustainable energy in port operations, as well as the enhancement of port capabilities for storage, handling, and bunkering of greener fuels, such as green hydrogen, green ammonia, green methanol, and ethanol.

These guidelines offer a framework for major ports to formulate comprehensive action plans for achieving targeted reductions in carbon emissions over defined timelines, through focused implementation and close monitoring of green initiatives, aligning with Sustainable Development Goals (SDGs).

Rajiv Agarwal, Managing Director and CEO of Essar Ports Ltd, predicted that India would become a hub for green energy and a leading exporter of sustainable energy solutions, with adherence to these guidelines becoming standard practice for companies.

Devki Nandan, Senior Executive President at JSW Infrastructure highlighted the imminent necessity for the Harit Sagar Guidelines due to global environmental, social, and governance (ESG) concerns, advocating for setting benchmarks in green policies.

Vinayak Pai, Vice Chairman, CII Maharashtra, Managing Director & CEO, Tata Projects, stressed the importance of industry collaboration to drive decarbonization in the maritime sector, acknowledging the significant emissions associated with maritime trade and the imperative to decarbonize the maritime ecosystem.

(Source: ET)

The Maharashtra Maritime Board called upon both public and private stakeholders within the port sector to join forces in reducing carbon emissions throughout the entirety of port operations. Praveen S Khara, Chief Port Officer, Maharashtra Maritime Board, underscored the government's proactive endorsement of the Harit Sagargreen port guidelines, introduced by Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal in May the previous year, as part of the endeavour to achieve zero carbon emissions. Maharashtra handles a substantial 77 million metric tonnes of cargo, involving various stakeholders across the logistics and trade ecosystem. The 2023 Harit Sagar Guidelines focus on fostering a greener approach to port development, operation, and maintenance, with the aim of minimising environmental impact on the harbour ecosystem. They advocate for the utilisation of clean and sustainable energy in port operations, as well as the enhancement of port capabilities for storage, handling, and bunkering of greener fuels, such as green hydrogen, green ammonia, green methanol, and ethanol. These guidelines offer a framework for major ports to formulate comprehensive action plans for achieving targeted reductions in carbon emissions over defined timelines, through focused implementation and close monitoring of green initiatives, aligning with Sustainable Development Goals (SDGs). Rajiv Agarwal, Managing Director and CEO of Essar Ports Ltd, predicted that India would become a hub for green energy and a leading exporter of sustainable energy solutions, with adherence to these guidelines becoming standard practice for companies. Devki Nandan, Senior Executive President at JSW Infrastructure highlighted the imminent necessity for the Harit Sagar Guidelines due to global environmental, social, and governance (ESG) concerns, advocating for setting benchmarks in green policies. Vinayak Pai, Vice Chairman, CII Maharashtra, Managing Director & CEO, Tata Projects, stressed the importance of industry collaboration to drive decarbonization in the maritime sector, acknowledging the significant emissions associated with maritime trade and the imperative to decarbonize the maritime ecosystem. (Source: ET)

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..

Infrastructure Urban

22 Oct 2025

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..

Infrastructure Energy

22 Oct 2025

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..