The second phase of the construction of the Port of Hambantota, situated about 19 nautical miles north of the key shipping route between the Malacca Strait and the Suez Canal, is expected to be operational in 2014. The dredging for the second phase was slightly dela
Author: admin (Infratructure Today)
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Kochi port to implement Rs 8 bn wharf project
Kochi port, which is taking steps to implement a
Rs 800 crore wharf project at old Matttanchery, asked the state-owned KITCO to carry out a feasibility study for this purpose. The study would be completed in two months time. The proposed wharf would have 400 meter waterfront with 20 acre of back-up
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SCI plans to invest Rs 19 bn in FY14
Shipping Corporation of India (SCI) plans to spend
Rs 1,939 crore during 2013-14, far less than Rs 2,497 crore spent in 2012-13, Union budget documents shows. The investment would be financed through internal and extra budgetary resources. Sunil Thapar, director-bulk and tanker division, SCI said the company wants to cons
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Joshi wants electronic tolls on all h’ways by March 2014
Union Minister of Road Transport and Highways CP Joshi has stressed on the need to migrate to electronic toll collection (ETC) and it should be done by March next year. As complaints against toll payments mount, pressure is rising on the government to hold highway developers responsible for providing basic service-level agreements, he added.
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Ministry dilutes stance on clearance for road projects
In a clarification to the Supreme Court, the union ministry of environment and forests informed that road developers need not secure clearance to begin work on that part of a highway project falling in non-forest areas. But one of the conditions imposed by the ministry is that if a highway was to pass through a patch of forest, the
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Centre seeks land for new Patna international airport
The Union Civil Aviation Minister Ajit Singh has said on March 7 that the Union government plans to build a new international airport at Bihta, outside Patna, but availability of land from the State government is an issue. Stating this in Rajya Sabha, he said since there is little scope for expansion of the Patna airport, a new facility is being proposed outside Bihar's capital city.
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Centre to upgrade A’bad airport’s runway for Airbus 380
To upgrade the runway of the Sardar Vallabhbhai Patel International Airport in Ahmedabad the Union Ministry of Civil Aviation has earmarked Rs 50 crore. With the runway upgradation the world's biggest passenger aircraft Airbus-380 can land in the airport in the near future.
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RBI to clarify on new bank licence guidelines
In a notification, the Reserve Bank of India (RBI) informed that it would issue clarification on the final guidelines for new bank licences in response to queries raised by intending applicants. It may be noted that the central bank has been receiving queries from applicants seeking clarifications on the guidelines on licensing of new banks in the private sector
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Reworking GAIL’s pipeline project may raise cost
According to sources close to the development, the cost of the Rs 3,263 crore Kochi-Bangalore-Mangalore Pipeline (KKBMPL) being implemented by GAIL may escalate in case of re-alignment. Farmers in Tamil Nadu are protesting against the a section of the project, which passes through their farmland and this prompted the company to consider re-align
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CCEA clears Rs 17 bn port project
The Cabinet Committee on Economic Affairs (CCEA) cleared the Rs 1,707 crore multi-purpose berths and mechanised berths project at Kolkata Port Trust. These projects, which would enhance the port cargo capacity by 23.4 million tonne (mn t), would come up at Haldia Dock II (North) and Haldia Dock II (