In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.
Author: admin (Infratructure Today)
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Smaller ports hit as vols dip; major ports sail on efficiency
In a reversal of trend, the major ports in the country have outpaced the non-major ones in cargo growth during the first six months of the current fiscal year.
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Govt plans 4 new major port projects
The government is planning four new major ports at Tamil Nadu, Maharashtra, West Bengal and Andhra Pradesh at an investment of Rs.32,000 crore under the PPP model.
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Moody´s downgrades Adani´s Abbot Point Terminal
Global ratings agency Moody's today downgraded the rating for Adani Abbot Point Terminal Pty Ltd's (AAPT) secured bank credit facility to 'Ba2' from 'Baa3' on material volatility in cash flows
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Ship repair units see limited benefit
The government's proposal to exempt excise duty on spare parts used for repairing of ship vessels is not expected to benefit domestic ship repair units in a big way amid drying top-lines.
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Airlines should avail opps: Mukund Rajan, Vistara
With the Civil Aviation Ministry set to finalise the aviation policy soon, which will also decide the fate of the norms for international operations by domestic airlines, Tata Sons said the industry should avail opportunities rather than discuss rules. 'I would say let us all move on..
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Construction and demolition waste management rules
The government has notified Construction & Demolition Waste Management Rules, 2016 for the first time.
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New civil aviation policy may be out in April: Civil Aviation Minister
Union Civil Aviation Minister Ashok Gajapathi Raju said late March the new National Civil Aviation Policy is likely to be out in April. 'We are working on the policy which is likely to be out next month.
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Policy on auction of coal linkages in 2-3 months
Policy on auctioning of coal linkages to the power sector is likely to be finalised in 2-3 months, the government said. Proposed policy on auction of coal linkages to power sector will take two to three months,' Coal and Power Minister Piyush Goyal told reporters.
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Green court cracks whip on clean coal
The National Green Tribunal has pulled up the Ministry of Environment, Forests and Climate Change (MoEFCC) for failure to implement its order to ensure power and coal companies followed clean coal norms.