Russian Crude Tanker Nears Mundra Ahead of Adani Ban

18 Sep 2025 CW Team

A tanker carrying Russian crude was approaching Adani Group’s Mundra port on Monday, marking one of the last sanctioned vessels expected to unload at the facility before a company-wide ban takes effect. The Spartan, a Suezmax tanker blacklisted last year by the United Kingdom and the European Union for transporting Russian oil, is carrying at least one million barrels of Urals crude. Shipping data from Bloomberg, Kpler, and Vortexa indicated the vessel was near a discharge point servicing HPCL-Mittal Energy (HMEL).

On 11 September, Adani Group announced it would no longer permit tankers sanctioned by Western nations to enter any of its ports. The ban came into effect immediately but excluded vessels already en route, a company spokesperson told Bloomberg.

Over the past eight months, Mundra port has received around 180,000 barrels per day of Russian crude, underscoring India’s growing role as a major buyer of discounted Russian oil amid sanctions following the Ukraine conflict.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..