Sarbananda Sonowal Unveils Rs 216.53 Crore Projects
PORTS & SHIPPING

Sarbananda Sonowal Unveils Rs 216.53 Crore Projects

The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal officially unveiled projects valued at Rs 2.16 billion for the nation, including the inauguration of the state-of-the-art Vizag International Cruise Terminal in Visakhapatnam. According to a press release from the Ministry of Ports, Shipping, and Waterways, the minister also marked the commencement of several significant initiatives, such as the construction of a covered storage shed-2 in the port area, a world-class truck parking terminal, and an oil refinery berth. These endeavors are aimed at bolstering the capacity of the Vizag Port, with the ultimate goal of transforming it into a regional hub for both cruise and cargo traffic.

During his speech, the Union Minister praised Prime Minister Narendra Modi's leadership and emphasized India's commitment to elevate its ports to global standards through modernization, mechanization, and digitization. He highlighted the remarkable growth in cargo movement capacity at India's major ports, which has more than doubled in just nine years, thanks to visionary leadership.

The Minister expressed optimism about Visakhapatnam's potential to become a major center for cruise tourism and maritime trade, thanks to well-connected transportation systems via railways, roadways, airways, and revitalized marine waterways. He projected a substantial increase in the number of cruise ships, passengers, and economic opportunities in the coming years.

The Maritime India Vision 2030 roadmap is expected to generate 200,000 new jobs in the cruise tourism sector. The Vizag International Cruise Terminal (VICT), developed with a significant investment and grant from the Ministry of Tourism, Government of India, can accommodate up to 2,000 passenger vessels and is equipped with covered storage sheds for bulk cargo. The newly inaugurated covered storage shed in the R1 area is designed to store 84,000 tonnes of cargo and includes dust suppression measures. Additionally, the ongoing revamp of oil refinery berths is set to enhance capacity and contribute to economic growth. Union Minister Sonowal inaugurated the oil refinery 1 berth, which will boost capacity by 3.81 million metric tonnes.

See also:
Vizag International Cruise Terminal Inaugurated
Maritime Infrastructure Perspective Plan 2023-37 unveiled


The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal officially unveiled projects valued at Rs 2.16 billion for the nation, including the inauguration of the state-of-the-art Vizag International Cruise Terminal in Visakhapatnam. According to a press release from the Ministry of Ports, Shipping, and Waterways, the minister also marked the commencement of several significant initiatives, such as the construction of a covered storage shed-2 in the port area, a world-class truck parking terminal, and an oil refinery berth. These endeavors are aimed at bolstering the capacity of the Vizag Port, with the ultimate goal of transforming it into a regional hub for both cruise and cargo traffic. During his speech, the Union Minister praised Prime Minister Narendra Modi's leadership and emphasized India's commitment to elevate its ports to global standards through modernization, mechanization, and digitization. He highlighted the remarkable growth in cargo movement capacity at India's major ports, which has more than doubled in just nine years, thanks to visionary leadership. The Minister expressed optimism about Visakhapatnam's potential to become a major center for cruise tourism and maritime trade, thanks to well-connected transportation systems via railways, roadways, airways, and revitalized marine waterways. He projected a substantial increase in the number of cruise ships, passengers, and economic opportunities in the coming years. The Maritime India Vision 2030 roadmap is expected to generate 200,000 new jobs in the cruise tourism sector. The Vizag International Cruise Terminal (VICT), developed with a significant investment and grant from the Ministry of Tourism, Government of India, can accommodate up to 2,000 passenger vessels and is equipped with covered storage sheds for bulk cargo. The newly inaugurated covered storage shed in the R1 area is designed to store 84,000 tonnes of cargo and includes dust suppression measures. Additionally, the ongoing revamp of oil refinery berths is set to enhance capacity and contribute to economic growth. Union Minister Sonowal inaugurated the oil refinery 1 berth, which will boost capacity by 3.81 million metric tonnes. See also: Vizag International Cruise Terminal InauguratedMaritime Infrastructure Perspective Plan 2023-37 unveiled

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement