VOC Port invests Rs 418.60 Bn for green hydrogen hub

23 Dec 2024 CW Team

V O Chidambaranar Port, one of the popular seaports of Tamil Nadu, has earmarked Rs 41.860 billion worth of investments, aimed at making it the Green Hydrogen-Ammonia hub of the country, a top official said. The port has also taken measures to augment capacity after witnessing an increase in cargo handling this year. V O Chidambaranar Port has handled a cargo volume of 29.70 million tonnes including 5.62 lakh TEUs of containers till December 19, 2024 this is an overall growth of 1.87% and 6.74%, respectively. "With the ever-increasing trend in cargo handling, the Port has initiated several strategic capacity augmentation and cargo evacuation initiatives to increase cargo throughput, enhance handling efficiency and expand its market share in the region," a press release said. A pilot demonstration for the production of green hydrogen, storage and power generation using fuel cells is currently under progress and it is expected to be completed by January 2025. VOC Port Chairperson Susanta Kumar Purohit said with the advantages of being an all weather port, strategic location close to the East-West International sea route, lowest turn around time of container ships, seamless road and rail connectivity, and capacity augmentation initiatives, VOC Port has immense potential to become the gateway port of South India. The Port is set to execute a green hydrogen Pilot Bunkering project that would demonstrate bunkering and refuelling capacities for green hydrogen and its derivatives. The Port officials have also taken measures to widen the Port's entrance channel from 152.40 metres to 230 metres as part of the capacity augmentation initiatives. Aimed at accommodating bulk cargo ships, the Port said it has planned for construction of Berth 10 with Length Over All (LOA) of 440 metres under engineering, procurement and construction mode at an approximate cost of Rs 800 million. "To handle smaller vessels of around 120 metres of LOA and body length of 52 metre to 55 metre in the Port's oil jetty, the necessary infrastructure will be constructed by mid-2025," the release said.

V O Chidambaranar Port, one of the popular seaports of Tamil Nadu, has earmarked Rs 41.860 billion worth of investments, aimed at making it the Green Hydrogen-Ammonia hub of the country, a top official said. The port has also taken measures to augment capacity after witnessing an increase in cargo handling this year. V O Chidambaranar Port has handled a cargo volume of 29.70 million tonnes including 5.62 lakh TEUs of containers till December 19, 2024 this is an overall growth of 1.87% and 6.74%, respectively. With the ever-increasing trend in cargo handling, the Port has initiated several strategic capacity augmentation and cargo evacuation initiatives to increase cargo throughput, enhance handling efficiency and expand its market share in the region, a press release said. A pilot demonstration for the production of green hydrogen, storage and power generation using fuel cells is currently under progress and it is expected to be completed by January 2025. VOC Port Chairperson Susanta Kumar Purohit said with the advantages of being an all weather port, strategic location close to the East-West International sea route, lowest turn around time of container ships, seamless road and rail connectivity, and capacity augmentation initiatives, VOC Port has immense potential to become the gateway port of South India. The Port is set to execute a green hydrogen Pilot Bunkering project that would demonstrate bunkering and refuelling capacities for green hydrogen and its derivatives. The Port officials have also taken measures to widen the Port's entrance channel from 152.40 metres to 230 metres as part of the capacity augmentation initiatives. Aimed at accommodating bulk cargo ships, the Port said it has planned for construction of Berth 10 with Length Over All (LOA) of 440 metres under engineering, procurement and construction mode at an approximate cost of Rs 800 million. To handle smaller vessels of around 120 metres of LOA and body length of 52 metre to 55 metre in the Port's oil jetty, the necessary infrastructure will be constructed by mid-2025, the release said.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Real Estate

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Real Estate

06 Apr 2026

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..