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Author: admin (Infratructure Today)

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USTDA asks Vizag port to avail its assistance

USTDA asks Vizag port to avail its assistance

The US Trade Development Authority (USTDA) asked Visakhapatnam Port Trust to avail its development assistance for enhancing growth potential of the port. USTDA, which was hitherto focusing on the development of aviation sector in India, has taken up port development activities recently

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ADAIA requests govt to resolve labour issue in Vallarpadam terminal

ADAIA requests govt to resolve labour issue in Vallarpadam terminal

Kerala government received a request from the Alwaye Development Area Industrial Association (ADAIA) to take steps to end the ongoing labour strike at the Vallarpadam Container Terminal. The trailer crew in the terminal are holding strike for the second time demanding wage hike and other facilities. As numerous small-scale industries depend on the terminal for export and import of goods, the losses incurred beca

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EPL to make Puducherry Port its extended arm

EPL to make Puducherry Port its extended arm

Ennore Port (EPL) is in the process of making the Puducherry Port its extended arm and in this regard, the former would conduct a feasibility study for carrying out various projects at the union territory port. Officials of both the ports are holding discussion in this regard and it is learnt that the talks are still in preliminary stages. EPL plans to commission a feasibility report for dredging, modernizing and constructing berths at Pudu

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Cochin Port agrees to demands of trailer crew

Cochin Port agrees to demands of trailer crew

At a meeting with the trade unions, the Cochin Port Trust agreed to hike the portion of lorry rent given to the drivers and cleaners. From eight per cent and 4 per cent, the proportion has been increased to 10.5 per cent and 5.25 per cent respectively. Following this, the trailer crew at the port ended their strike on the 11th day recently. The meeting was atte

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JNPT explores legal options against PSA

JNPT explores legal options against PSA

Jawaharlal Nehru port (JNPT) is said to be exploring all legal and administrative options on actions to be taken against PSA International for reneging its contract to set up the proposed fourth container terminal. The proposed terminal project was designed to load 4.8 million standard containers a year. According to Kevic Setalvad, the additional solicitor general of India, it is p

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ONGC, BPCL to sign pact for terminal project

ONGC, BPCL to sign pact for terminal project

Union Petroleum Minister M Veerappa Moily informed that state-run oil firms ONGC and Bharat Petroleum Corp (BPCL) would enter into a memorandum of understanding (MoU) for setting up a Liquefied Natural Gas (LNG) terminal at Mangalore. The MoU would be signed in the next 15 days, the minister said after commissioning a Rs 4,500-crore pipeline from Dabhol LNG terminal to Bangalore set up by GAIL

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ONGC, BPCL to sign pact for terminal project

ONGC, BPCL to sign pact for terminal project

Union Petroleum Minister M Veerappa Moily informed that state-run oil firms ONGC and Bharat Petroleum Corp (BPCL) would enter into a memorandum of understanding (MoU) for setting up a Liquefied Natural Gas (LNG) terminal at Mangalore. The MoU would be signed in the next 15 days, the minister said after commissioning a Rs 4,500-crore pipeline from Dabhol LNG terminal to Bangalore set up by GAIL

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RBI has limited room for policy easing

RBI has limited room for policy easing

In an interview to a leading media, Reserve Bank of India (RBI) Governor D Subbarao remarked that the roon for monetary easing is limited over the next few months because of the outlook for inflation and outlook for growth. He said the central bank would take into account the fiscal consolidation measures and deficit projections by the finance minister in the coming Budget to decide on t

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Minister hopes to unveil shale gas policy in a month

Minister hopes to unveil shale gas policy in a month

Oil Minister M Veerappa Moily informed media persons that his ministry was in the process of putting out a note on the draft shale gas policy for the consideration of the cabinet. He hopes that his ministry would announce the shale gas policy in a months time. The policy would enable the expl

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Foundation laid for PMGSY’s longest road in Arunachal

Foundation laid for PMGSY’s longest road in Arunachal

Foundation was laid for the longest stretch of road built under the Prime Minister's Gram Sadak Yojna (PMGSY) from Miao to Vijaynagar in Changlang district of Arunachal Pradesh on February 19. Union Minister for Rural Development JairamRamesh laid the foundation. The 157-km road, which will be built under the PMGSY will pass through the Namdapha National Park and is scheduled to be completed within the next three years.