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Author: admin (Infratructure Today)

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Panel appraises 5 more port projects

Panel appraises 5 more port projects

The Union government constituted Public Private Partnership Appraisal Committee (PPPAC-a high level committee) has appraised five proposals in the port Sector. These projects will now be recommended for grant of final approval by the Cabinet Committee on Economic Affairs (CCEA).

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NHB to go for Rs 5,000 cr tax-free bonds

NHB to go for Rs 5,000 cr tax-free bonds

Seeking issuance of tax-free bonds worth Rs 5,000 crore, the National Housing Bank (NHB) is planning to request the Union government in the next fiscal. NHB is the regulator for housing finance companies in the country.

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Stir hits container movement at ICTT

Stir hits container movement at ICTT

As the 100 agreement labourers involved in moving containers to and from the DP World-operated International Container Transshipment Terminal (ICTT) in Kochi went on a strike from late afternoon on December 23. As a result, container movement at the ICTT has come to a standstill.

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MPT turns adverse situation into a biz opportunity

MPT turns adverse situation into a biz opportunity

Though mining in Goa has been banned, the Mormugao Port Trust (MPT) has successfully turned the adverse situation into its favour by attracting new cargo to the port. The port said that now it expects tremendous amount of cargo from neighbouring states into through the MPT.

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HC rejects PILs filed against road construction in Mundra

HC rejects PILs filed against road construction in Mundra

Two public interest litigations (PILs) filed in the Gujarat High Court challenging the construction of a road connecting Adani GroupÂ’s Mundra Port in Kutch district to the National Highway-8A were recently rejected by the court. The villagers of Mundra taluk had challenged the construction of a 9-km-long road.

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Plea for dredging at Beypore port in Kerala

Plea for dredging at Beypore port in Kerala

For clearing the navigation channel falling under the limits of the Beypore port, the sub-port of In Kozhikode port, the port authorities have approached the district collector CA Latha to carry out manual and mechanical dredging.

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Plea for dredging at Beypore port in Kerala

Plea for dredging at Beypore port in Kerala

For clearing the navigation channel falling under the limits of the Beypore port, the sub-port of In Kozhikode port, the port authorities have approached the district collector CA Latha to carry out manual and mechanical dredging.