Sonowal Announces Rs 48 Billion Inland Waterways Plan for Assam
PORTS & SHIPPING

Sonowal Announces Rs 48 Billion Inland Waterways Plan for Assam

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal unveiled a Rs 48 billion investment plan to transform Assam’s inland waterways at the Advantage Assam 2.0 summit. The initiative aims to boost Assam’s complex riverine network, particularly the Brahmaputra (NW2) and Barak (NW16), as a key driver for trade and commerce, aligning with Prime Minister Narendra Modi’s vision of Viksit Bharat. 

The plan includes Rs 15 billion for transitioning to Green Vessels under the ‘Harit Nauka’ scheme by 2030 and another Rs 15 billion to enhance cruise tourism and cargo handling capacity by 2027-28. Infrastructure projects like jetties at Silghat, Bishwanath Ghat, Neamati Ghat, and Guijan, along with a new regional office in Guwahati, are also part of the plan. 

A Rs 3.75 billion investment is set for Phase II of the Ship Repair Facility at Pandu, while Rs 1.91 billion has been allocated to maintain a 2.5-meter draft from the Bangladesh border to Pandu through the Dredging Corporation of India. 

Sonowal announced a Rs 3.15 billion Water Metro Service for Guwahati and Dhubri, modelled on the successful Kochi Metro, and deployment of two electric catamarans from Cochin Shipyard Limited. A Rs 1 billion world-class cruise terminal will also be built in Guwahati. 

Additional investments include Rs 1.2 billion for a Regional Centre of Excellence in Dibrugarh and Rs 1 billion for riverine lighthouses at Bogibeel, Biswanath, Nimati, Pandu, and Silghat. The Sagarmala Scheme will contribute Rs 6.46 billion for riverine infrastructure on the Brahmaputra. 

The event saw participation from Assam CM Himanta Biswa Sarma, IWAI Chairman Vijay Kumar, Singapore High Commissioner Simon Wong, and industry leaders from the infrastructure, railways, and marine sectors. 

(PIB)       

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal unveiled a Rs 48 billion investment plan to transform Assam’s inland waterways at the Advantage Assam 2.0 summit. The initiative aims to boost Assam’s complex riverine network, particularly the Brahmaputra (NW2) and Barak (NW16), as a key driver for trade and commerce, aligning with Prime Minister Narendra Modi’s vision of Viksit Bharat. The plan includes Rs 15 billion for transitioning to Green Vessels under the ‘Harit Nauka’ scheme by 2030 and another Rs 15 billion to enhance cruise tourism and cargo handling capacity by 2027-28. Infrastructure projects like jetties at Silghat, Bishwanath Ghat, Neamati Ghat, and Guijan, along with a new regional office in Guwahati, are also part of the plan. A Rs 3.75 billion investment is set for Phase II of the Ship Repair Facility at Pandu, while Rs 1.91 billion has been allocated to maintain a 2.5-meter draft from the Bangladesh border to Pandu through the Dredging Corporation of India. Sonowal announced a Rs 3.15 billion Water Metro Service for Guwahati and Dhubri, modelled on the successful Kochi Metro, and deployment of two electric catamarans from Cochin Shipyard Limited. A Rs 1 billion world-class cruise terminal will also be built in Guwahati. Additional investments include Rs 1.2 billion for a Regional Centre of Excellence in Dibrugarh and Rs 1 billion for riverine lighthouses at Bogibeel, Biswanath, Nimati, Pandu, and Silghat. The Sagarmala Scheme will contribute Rs 6.46 billion for riverine infrastructure on the Brahmaputra. The event saw participation from Assam CM Himanta Biswa Sarma, IWAI Chairman Vijay Kumar, Singapore High Commissioner Simon Wong, and industry leaders from the infrastructure, railways, and marine sectors. (PIB)       

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement