SPM Port Authority's Berth Privatisation Gains Momentum

25 Jul 2024 CW Team

The SPM Port Authority's plans to privatise cargo berths have gained traction with Bothra Shipping and Ripley & Co. submitting bids for the Haldia Dock Complex (HDC) facility. This move marks a significant step in enhancing operational efficiency and attracting private investment.

The HDC facility, known for its strategic importance in cargo handling, is set to benefit from improved management and infrastructure through privatisation. Bothra Shipping and Ripley & Co. are well-established players in the shipping and logistics sector, bringing expertise and innovation to the table.

Privatising cargo berths is expected to boost the port's overall capacity and streamline operations, addressing existing bottlenecks. This initiative aligns with the government's focus on enhancing port infrastructure and increasing competitiveness in the global maritime market.

Industry experts believe that involving private entities will lead to better resource utilisation and increased cargo throughput. The partnership with experienced firms like Bothra and Ripley is anticipated to improve service quality and attract more business to the port.

The bids underscore the growing interest of private companies in Indian port infrastructure, driven by the potential for growth and profitability. The move is part of a broader strategy to modernise ports and facilitate seamless trade operations.

As the process advances, stakeholders are optimistic about the positive impact on the regional economy, including job creation and increased trade volumes. The successful privatisation of the HDC facility could serve as a model for similar initiatives across the country, contributing to India's maritime growth.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..