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V.O. Chidambaranar Port Authority has inked Memorandums of Understanding to the tune of ₹90,936 crore, including 3 involving a full concern of ₹45,000 crore successful greenish vigor sector, during ‘India Maritime Week 2025’ held successful Mumbai from October 27 to 31.
The lawsuit witnessed beardown planetary information from manufacture leaders and stakeholders from starring maritime nations. V.O.C. Port Authority signed 29 MoUs with cardinal stakeholders connected larboard modernisation, vessel building, accusation technology, sustainability and different services.
The archetypal among the MoUs signed successful greenish vigor assemblage was with Green Infra Renewable Energy Farms Private Limited (GIREFPL), a Sembcorp Group company, entailing an concern of ₹25,400 crore. Sembcorp is simply a Singaporean State-owned vigor and municipality improvement company. This MoU is for the constitution of a communal retention workplace for greenish ammonia and different hydrogen derivatives.
The 2nd MoU was exchanged with ACME Green Hydrogen and Chemicals Private Limited for a 1,200 tonnes per time greenish ammonia project, valued astatine ₹15,000 crore, and the 3rd was signed with CGS Energy Private Limited for a 300 tonnes per time greenish ammonia accumulation facility, astatine an concern of ₹5,000 crore.
Prior to the conclave, the larboard besides inked a pact with State Industries Promotion Corporation of Tamil Nadu worthy ₹30,000 crore for creating ship-building installation here. And, investments to the tune of ₹17,000 crore has been pledged by Indian Port, Rail and Ropeway Corporation Limited and immoderate different smaller players.
The lawsuit besides featured the motorboat of a lawsuit survey by the IIM - Calcutta, connected ‘Sustainable Transformation and Decarbonisation successful India’s Maritime Sector - V.O.C. Port’s Journey to a Green Port’. It highlights the inherent challenges of transitioning to sustainable operations, portion showcasing the port’s achievements and its emerging relation arsenic a hub for greenish hydrogen initiatives.
The lawsuit survey was released by Sarbananda Sonowal, Union Minister for Ports, Shipping and Waterways (MoPSW), successful the beingness of Vijay Kumar, Secretary, MoPSW, S. Venkatesapathy, Joint Secretary, MoPSW, Susanta Kumar Purohit, Chairperson, V.O.C. Port Authority, and Ramya Venkateswaran of IIM - Calcutta.
On the concluding day, V.O.C. Port was honoured with ‘Green Visionary’ grant for bringing retired its ongoing and aboriginal greenish initiatives successful its pavilion.
Mr. Purohit and Rajesh Soundararajan, Deputy Chairman, V.O.C. Port Authority, received the grant from Mr. Sonowal successful the beingness of Shantanu Thakur, Minister of State for Ports, Shipping and Waterways.
