GENERAL26 Sept 2026
India to set up first port-based e-methanol plant at Kandla for ₹2,300 cr
India has begun building its first port-based e-methanol plant at Kandla, costing ₹2,300 crore. The joint venture between Deendayal Port Authority and Assam Petro-Chemicals will produce 150 tonnes of green shipping fuel daily for vessels on the busy Asia-Europe trade route. Phase one is targeted for January 2027 and phase two for March 2027. The plant will create over 3,500 direct and indirect jobs.
Key Statutory Highlights
- The foundation stone was laid for India's first port-based e-methanol production facility at Kandla in Gujarat, with an investment of ₹2,300 crore.
- The 150-tonne-per-day plant is a joint venture between the Deendayal Port Authority and Namrup-based Assam Petro-Chemicals Ltd, and will supply green fuel to vessels on the Asia-Europe trade corridor.
- Phase I will add 50 tonnes per day capacity by January 2027, and Phase II will add another 100 tonnes per day by March 2027, creating more than 3,500 direct and indirect jobs.
Actionable Advice for Taxpayers / Founders:If your business deals in ports, logistics, storage, transport or green energy, watch for vendor and tender notices from the Deendayal Port Authority and Assam Petro-Chemicals. Treat any opportunity as early-stage, and confirm project details directly with the concerned authority before you commit money or capacity.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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