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Tag Archives: Shipping and Waterways

SMFCL clears ₹25,000 crore borrowing blueprint to power India’s maritime infrastructure expansion

THEBUSINESSBYTES BUREAU     NEW DELHI, NOVEMBER 22, 2025 Sagarmala Finance Corporation Limited (SMFCL), a Mini-Ratna CPSE under the Ministry of Ports, Shipping and Waterways, has set the stage for a major push in India’s maritime infrastructure financing with the approval of an ambitious borrowing plan worth ₹25,000 crore. The decision, taken at the Corporation’s Annual General Meeting, marks a significant step ...

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47 new National Waterways to be operational by 2027; cargo volume set to rise to 156 MTPA by 2026: Union Shipping Minister Sonowal

THEBUSINESSBYTES BUREAU NEW DELHI, MAY 26, 2025 In a significant push towards revolutionizing India’s inland water transport sector, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, announced that 47 new National Waterways will become operational by 2027, as part of a larger target to make 76 waterways fully functional. Addressing a Consultative Committee meeting on Inland Waterways Transport in ...

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India committed to enhance share of renewable energy to 60pc of power demand at major ports: Sonowal

TBB BUREAU NEW DELHI, SEPT 28, 2021 Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Tuesday said that India intended to increase the share of renewable energy to 60% of total power demand of each of its major ports from the present share of less than 10%. It would be through solar and wind generated power. Virtually addressing ...

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