Government Launches Inland Waterways Rejuvenation Plan

29 Mar 2025 CW Team

Between 2014-15 and 2023-24, the Government of India has invested approximately Rs 64.34 billion towards the development of National Waterways (NWs) across the country. This initiative is part of a broader effort to strengthen Inland Water Transport (IWT) infrastructure and promote it as a cost-effective, safe, and environmentally sustainable mode of transportation.

Under the National Waterways Act, 2016, a total of 111 waterways were declared as National Waterways. Since then, there has been a significant increase in cargo and passenger movement. Cargo movement has risen from 18 million tonnes per annum (MTPA) in 2013-14 to 133 MTPA in 2023-24, while passenger movement has reached 10.61 million in 2023-24.

To meet the future cargo movement targets of 200 million tonnes by 2030 and 500 million tonnes by 2047, the government has laid out comprehensive policy measures and strategies. These include capacity building, improvement of navigation channels, and development of terminals and multi-modal logistics hubs.

Infrastructure development projects on National Waterways are being implemented across several states, including Maharashtra. These projects are designed to enhance regional trade, improve last-mile connectivity, and integrate with other modes of transport for seamless logistics.

Additionally, the revitalisation of inland waterways is expected to contribute to eco-tourism through the promotion of river cruises and houseboats. These efforts align with sustainable development goals by reducing carbon emissions and offering an alternative to road and rail transport.

Overall, the development of inland water transport infrastructure is poised to play a key role in the country’s multi-modal transport framework, contributing to economic growth and environmental sustainability.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..