Vedanta, Abu Dhabi Ports Bid for Rs.70.56 Bn Container Terminal at VOC Port

05 Jul 2024 CW Team

Vedanta Limited and Abu Dhabi Ports have submitted initial bids for the development of a ?70.56 billion container terminal at V.O. Chidambaranar (VOC) Port in Tamil Nadu. This project aims to significantly enhance the port's capacity and operational capabilities, boosting trade and maritime logistics in the region.

The container terminal project at VOC Port is part of India's strategic efforts to expand its maritime infrastructure and handle larger volumes of cargo efficiently. The development is expected to cater to the growing demand for container handling services and support international trade flows.

Vedanta and Abu Dhabi Ports' bids underscore their commitment to investing in India's port sector and leveraging VOC Port's strategic location on the east coast. The terminal is envisioned to feature advanced handling equipment and state-of-the-art facilities, aligning with global standards of port operations.

The expansion project is poised to create substantial employment opportunities and stimulate economic growth in Tamil Nadu. It is anticipated to enhance the port's competitiveness, attract more shipping lines, and bolster trade connectivity with major global markets.

The bidding process highlights robust competition among leading global players keen on contributing to India's maritime infrastructure development. The successful implementation of the container terminal project is expected to enhance VOC Port's role as a pivotal hub for maritime trade in South India.

As the project progresses, stakeholders anticipate significant socio-economic benefits for the region, including improved logistics efficiency, reduced turnaround times for vessels, and enhanced competitiveness of Indian exports in the global market.

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..