Despite being cleared a year ago, the project to indigenously construct six conventional submarines for the Navy has failed to make any headway as the Defence Procurement Policy (DPP) has not yet been finalised.
Author: admin (Infratructure Today)
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Visakhapatnam Port to be most energy-efficient
Visakhapatnam Port Trust (VPT), one of the fastest growing major ports in the country, would be the most energy- efficient port in the country. The VPT management is planning to complete LED lighting of the port area before the proposed visit of Prime Minister Narendra Modi to Visakhapatnam Port in the month of February.
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Govt plans Rs.5000-cr mega port in TN
To reduce IndiaĆĀ“s dependence on Colombo and Singapore ports for handling cargo traffic, the Modi Government is planning to build a mega transshipment hub at a cost of over Rs.5,000 crore. The transshipment hub is expected to come up near Tuticorin in Tamil Nadu around the international trading route.
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Kochi Port to make use of dredged material
The Cochin Port Trust has firmed up plans to use the sludge and sand generated from dredging operations in its shipping channel instead of dumping it back in the outer seas.
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Adani Ports signs MoU to import pulses
Adani Ports and Special Economic Zone (APSEZ) has signed a memorandum of understanding (MoU) with the India Pulses and Grains Association to handle pulses import across its ports in the country.
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Industrial development along ports to get a push
The shipping ministry is set to launch the National Perspective Plan (NPP) by January next year, aimed at comprehensive and integrated development of coastline.
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IOC sells rare Kandla cargo
Indian Oil Corporation has sold 18,000-20,000 tonnes of naphtha for Oct 29 to Nov 3 loading from Kandla after cancelling a previous tender for the same cargo due to low bids, traders said.
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Deposits under Jan Dhan Yojana cross Rs.25,000 cr
Deposits in accounts opened under the governmentĆĀ“s ambitious financial inclusion scheme Pradhan Mantri Jan Dhan Yojana have crossed Rs.25,000 crore, the Finance Ministry said. A Ćāgood amountĆā has come to the banks as low-cost deposits, it said.
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Rajasthan to use PSUs surplus money for sick units
The Rajasthan Government will use surplus money of state PSUs for providing finance to power companies and sick units, a state minister said. The state government will set a finance corporation which will make available surplus money of PSUs to power companies and other sick units, the state cabinet decided today.
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Rs.3.1 lakh cr worth Defence deals cleared; zero movement on ground
In the 17 months that the NDA government has been in power, the Defence Acquisition Committee (DAC) that vets all big-ticket deals has cleared projects worth a whopping Rs.3.1 lakh crore ($47 billion), but none of these are anywhere near closure.