Financial Ports

India’s $280m Bet: Kandla Port to Fuel Ships with Green Methanol by 2027

CLAVE 1 / 4India commits INR 2,300 crore ($280m) to build its first e-methanol plant at Kandla Port.

CLAVE 2 / 4The facility will produce 150 tonnes of green methanol daily, cutting fuel costs by 42% compared to global rates.

CLAVE 3 / 4Deendayal Port Authority holds a 76% stake in the project, with Assam Petro-Chemicals contributing the remainder.

CLAVE 4 / 4First stage completion targeted for January 2027, with full capacity operational by March 2025.

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