Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility company, has placed a large order for eight harbour tugs under the Make in India initiative for INR 450 Crore with Cochin Shipyard.
As it is reported, the order for eight 70-tonne bollard pull tugs will increase Adani’s total fleet to 153.
“This initiative aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives by boosting local manufacturing and enhancing self-reliance in the maritime sector,” the company’s statement reads.
With a total contract value estimated at INR 450 Crore, these tugs are expected to begin delivery in December 2026 and continue until May 2028.
Previously, APSEZ contracted the construction of two 62-tonne bollard pull ASD (Azimuthing Stern Drive) tugs for Ocean Sparkle Ltd, both of which were delivered ahead of schedule and deployed at Paradeep Port and New Mangalore Port.
The construction of three additional ASD tugs is currently underway, APSEZ said, bringing the total order to 13 tugs.
Ashwani Gupta, whole-time director and CEO of APSEZ, said: “This collaboration to procure from Cochin Shipyard Ltd signifies our commitment to enhancing maritime infrastructure in India and demonstrates our confidence in our nation’s PSUs.
“By leveraging local manufacturing capabilities, which are world-class, we aim to contribute to the ‘Make in India’ initiative while ensuring that our operations meet international standards of safety and efficiency.”
