9APRIL 2026SDHI SECURES RS 2,600 CRORE DEAL FOR GREEN AMMONIA SHIPSLUMINOUS BOOSTS ODISHA PRESENCE WITH SOLAR & STORAGE PLANSSwan Defence and Heavy Industries Ltd (SDHI) has won a major shipbuilding contract worth over 2,600 crore, marking a significant milestone for India's maritime sector. The order is the country's first for ammonia dual-fuel bulk carriers, highlighting a shift toward cleaner and more sustainable shipping solutions.The contract, signed with Energy ONE Limited, involves the construction of four bulk carriers, each with a capacity of 92,500 deadweight tonnage (DWT). These vessels will use ammonia as an alternative fuel, helping reduce carbon emissions and supporting global efforts to make shipping more environmentally friendly.Each ship will measure around 229.5 metres in length and 37 metres in width, making them among the largest vessels ever built in an Indian shipyard. The design comes Luminous Power Technologies is expanding its footprint in Odisha with new investments in solar energy, energy storage, and renewable energy India, strengthening its role in India's clean energy transition.The company recently highlighted its plans at an industry event in Khordha, where it presented its growing portfolio of energy solutions and underlined its long-term commitment to the state. With supportive policies, improving infrastructure, and rising demand for clean energy, Odisha is becoming an attractive destination for such investments.As part of its expansion strategy, Luminous is setting up two key projects. The first is an advanced battery storage systems and manufacturing facility in Angul. This plant will from South Korea-based KMS-EMEC, while classification and certification will be handled by global maritime body Det Norske Veritas (DNV). This collaboration reflects the use of advanced shipbuilding technology and adherence to global standards.The deal falls under a high-value contract category and strengthens SDHI's growing order book. The first vessel is expected to be delivered by October 2029, with the remaining ships scheduled for delivery at regular four-month intervals.Industry experts see this project as an important step toward maritime decarbonisation. Ammonia is emerging as a promising zero-carbon fuel, and its use in large commercial vessels could significantly reduce greenhouse gas emissions in the coming years.The order also highlights increasing global confidence in Indian shipyards. SDHI's Pipavav facility in Gujarat, known for its large dry dock capacity, will play a key role in executing the project. The company has been steadily rebuilding its presence in the industry, and this contract further strengthens its position in India shipbuilding industry.Overall, the deal supports India's long-term goal of becoming a leading shipbuilding nation. With growing focus on green shipping solutions and innovation, such projects are expected to drive future growth in the sector. focus on next-generation technologies, which are essential for storing solar energy and ensuring a stable power supply even when sunlight is unavailable.The second project is a solar cell manufacturing unit in Gopalpur. This facility is expected to strengthen India's domestic solar manufacturing ecosystem, reduce reliance on imports, and support the country's renewable energy goals. Both projects are progressing steadily and are likely to be operational in the near future.Company leadership emphasized that these invest-ments reflect a strong commitment to India's clean energy ambitions. At the same time, the projects are expected to contribute to local economic growth by creating jobs and improving green manufacturing capabilities in the region.The expansion also comes at a time when India is increasingly focusing on combining solar power with storage technologies. This approach ensures sustainable energy solutions and delivers reliable electricity, addressing the intermittency challenge of renewables.With these initiatives, Luminous Power Technologies is positioning itself as a key player in the evolving India energy transition, while Odisha continues to emerge as a hub for solar investments Odisha and sustainable industrial growth.
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