Rs.25,000cr fund to catalyse green infra investments
The International Maritime Organisation (IMO) Secretary General Arsenio Dominguez has noted India’s strategic role in global shipping, highlighting its contributions towards sustainable maritime development, alternative energy solutions, and international regulatory collaboration.
Arsenio Dominguez reiterated the IMO’s commitment to supporting India’s maritime transition through capacity-building, financial mechanisms, and technical cooperation https://www.shipmin.gov.in/.
He also chaired a CEO Round Table on Renewable Energy, focusing on clean fuel investments and green port infrastructure at the Green Shipping Conclave, 2025, held in Mumbai on 20 Feb https://www.bseindia.com/.
Speaking at the conclave inauguration, Minister of Ports, Shipping & Waterways, Sarbananda Sonowal reaffirmed India’s commitment to global maritime sustainability and international cooperation while speaking after inaugurating the conclave https://www.nseindia.com/.
He appreciated the attendance by IMO Secretary General, saying it was a gesture appreciated and a new milestone in India and IMO partnership for global maritime sustainability http://ipa.nic.in.
Sonowal said, “India stands at the forefront of a global maritime revolution—one that prioritise sustainability, innovation, and environmental stewardship https://sbi.com.in/.
“We are not just adapting to change; we are driving it. Through initiatives like the ‘Harit Sagar Green Port Guidelines’, the ‘Green Tug Transition Programme’, and the ‘National Green Hydrogen Mission’, we are transforming our ports and shipping industry into beacons of sustainability.”
The recently announced Rs.25,000 crore Maritime Development Fund is aimed at catalysing investments in green infrastructure, alternative fuels, and fleet modernisation, ensuring that India remains a leader in decarbonisation https://www.iea.org/.
The Minister continued, “Sustainability is not merely a regulatory obligation—it is an economic opportunity and a moral responsibility.
“As we build strategic green corridors and enhance international collaborations with IMO and BIMSTEC, our message to the world is clear: India is committed to a cleaner, greener, and more resilient maritime future.
The conclave marked a pivotal moment in India’s green maritime transition. The conclave served as a high-impact platform for policy dialogues, technical discussions, and roundtable meetings, engaging key stakeholders from the industry, government, and academia.
Minister of State in the MoPSW Shantanu Thakur highlighted India’s ambitious green shipping initiatives under the Maritime India Vision 2030 and Amrit Kaal Vision 2047 https://www.conexpoconagg.com/.
“India is leading the maritime sector’s green transformation through clean energy, sustainable ports, and innovative shipbuilding,” he said https://www.globaltenders.com/.
“With bold policies, global collaborations, and investments in alternative fuels, we are setting new benchmarks for decarbonisation,” he underlined.
The ministry has chalked out the Maritime India Vision 2030 and Amrit Kaal Vision 2047, which are the blueprint towards empowering our maritime sector and enabling it to become greener, cleaner and sustainable. “Together, we are shaping a resilient, eco-friendly maritime future,” said the Minister.
Key areas of focus included Green Energy promoting cleaner fuels like green hydrogen, ammonia, biofuels, and LNG through the National Green Hydrogen Mission.
It also held discussions on Green Ships with advancements in low emissions, hybrid, and fully electric vessels with the government programmes like Green Tug Transition Programme (GTTP) and Harit Nauka initiative.
The conclave also highlighted India’s effort to convergence of Green Ports with policy initiatives like Sustainable Ship Recycling Programme at Alang, adhering to Hong Kong Convention standards http://ukchamberofshipping.com.
The valedictory session, presided over by Minister Sonowal and MoPSW Additional Secretary Rajesh Kumar Sinha outlined India’s roadmap for a sustainable maritime future.
The Green Shipping Conclave, 2025 was organised by the Ministry of Ports, Shipping & Waterways, the Directorate General of Shipping, the Institute of Marine Engineers (India).
The conclave aimed at converging pioneering ideas and perspective to shape India’s leadership in maritime innovation, environmental sustainability and regulatory advancements aligning with the global goals of collective decarbonisation effort. Fiinews.com
