Sources from Gopalpur Ports (GPL) informed that the improvement and construction work of the port was progressing as per the schedule. The breakwater to the south of the port had to be of 2,170 meter long. Its 1,700 meter was complete. The work of intermediate breakwater has been
Author: admin (Infratructure Today)
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Ennore Port, JNPT raise funds via bonds
Ennore Port and Jawaharlal Nehru Port Trust (JNPT) are in the processing of raising funds through issue of tax-free bonds. While Ennore Port is raising Rs 1,000-crore through the bond, JNPT would raise Rs 2,000 crore. Ennore Port offers two categories of bonds: 10 year bonds bearing annual rate of interest of 7.01 per cent and 15 years offering 7.17
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Existing operators may not benefit from new draft norms
The draft guidelines, if implemented, would not be applicable to the existing 16 private terminals that have been operating for several years. These terminals would be governed by their respective guidelines framed in 2005. It may be noted that the validity of the 2005 norms ended in 2010 after a five-year run, but has been extended many times. The last extension ended in Dece
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World Bank grants Rs 1,166 cr for Kerala roads
The Kerala government has entered into an agreement with the World Bank where they have granted Rs 1,166 crore to the State road development programme. The State PWD Minister VK Ebrahim Kunju informed that out of the total Rs 2,403 crore, the World Bank has sanctioned almost half.
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Haryana emphasises on roads strengthening
The Haryana government is mulling on strengthening all national and State highways, district roads and roads connecting five or more villages. While stating this in Kaithal on March 17, Haryana Public Works (Building and Roads) Minister Randeep Singh Surjewala said as part of the efforts Kotputli-Rewari-Dadri-Bhiwani Corridor costing Rs 1,350 crore is being constructed.
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UP Govt seeks new agreement on Ballia-Noida h’way
The Uttar Pradesh government on March 14 told the UP assembly that it has sought fresh agreement from Jai Prakash Associates for the construction of Ganga Express Highway between Ballia and Noida. However, the government refused to specify whether it was keen to pursue the project, which was initiated by the previous Mayawati government. The Rs 30,000 crore project envisages eight-lane express highway from Noida to Ballia covering around 1,047 km in 10 hours.
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Mangalore’s colony to see road after 13 years
Tucked away on the fringes of Mangalore city, around 150 houses in Rajiv Nagar, Shaktinagar — a colony started 13 years ago — will see roads, water and sanitary connections if the State government’s Rs. 1-crore package comes to fruition.
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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Ministry releases draft norms for tariff structure
Union shipping ministry released a draft guideline for the tariff structure of the Major Port Trusts (MPTs). According to the guideline, the MPTs would be allowed to set their own tariff, which can be higher or lower than the reference tariff set by the Tariff Authority for Major Ports (TAMP
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HPCL to set up 5 mn tpa LNG terminal in Chhara
Media reports suggest that Hindustan Petroleum Corp (HPCL) identified Chhara in Gujarat's Junagadh district to set up a liquefied natural gas (LNG) import terminal in a joint venture with SP Ports, a unit of Shapoorji Pallonji Group. The Rs 5,000 crore terminal project would be executed by both the firms through a 50:50 joint vent