亚博体育官网首页

VOC Port invests Rs 418.60 Bn for green hydrogen hub
PORTS & SHIPPING

VOC Port invests Rs 418.60 Bn for green hydrogen hub

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.

Next Story
Real Estate

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement