Global tenders have been invited by the Paradip Port Trust (PPT) for speedy establishment of containerised cargo handling. The Rs 387-crore project will be constructed in build-operate-transfer mode, say media reports. The facility will help shifting goods faster.
Author: admin (Infratructure Today)
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Kerala preparing its State road policy
Kerala Public Works Department is mulling to come up with its State Road Policy to develop a sustainable road network which would meet the traffic requirements of the future.
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JNPT to give Rs 200 cr loan to Mormugao port
The loss-making Mormugao Port is to get fiscal aid of Rs 200 crore from the Jawaharlal Nehru Port Trust (JNPT). Mormugao Port will have to pay 10 per cent interest to JNPT on the loan. JNPT has cash reserves of over Rs 3,500 crore.
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Paradip port targets 5.5 mt iron ore exports
During this financial year, Pradip Port Trust (PPT) targets to export 5.5 million tonne iron ore, including about 1.5 million tonne iron pellets. This is 300 per cent more than the 1.8 million tonne iron ore exports recorded by the port last year.
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Cargo handling comes to a halt at Paradip port
A dispute between two stevedore companies at Paradip Port lead to a grinding halt of cargo handling at Paradip Port. Due to the cargo halt, around 700 iron-ore laden trucks were stranded on the busy 65-km stretch of NH-5(A) from Balichandrapur to the port town.
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Adani Ports, Visakha Terminal seek cabotage relief
After giving relaxation in coastal shipping rule to Vallarpadam port in Kerala a year back, Adani Ports and Visakha Container Terminal are still are also waiting for the Union Shipping Ministry to relax the stringent coastal shipping rule that has the potential to double their transshipment business.
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Vasan dedicates two terminals at Kandla Port
The Union Minister of Shipping GK Vasan has dedicated two terminals of the Kandla Port to the nation. Speaking on the occasion at a function in Bangalore recently he said that this port since its inception and especially in the last decade has grown from strength to strength fuelling growth of Kutch, Gujarat and India.
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Government is working on a Mechanism for speedy resolution of disputes for Infrastructure Projects: Dr. E M Sudarsana Natchiappan
The second day of EXCON 2013 started with a Conference on ĂâSustainable Infrastructure DevelopmentĂâ organized by the Indian Construction Equipment ManufacturersĂâ Association (ICEMA) in association with the Confederation of Indian Industry (CII).
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SAIL to up iron ore output to 43 mn tonne
Government-owned Steel Authority of India (SAIL) plans to raise the iron ore production capacity to 43 million tonne per annum by 2015-16 from the existing 28 mtpa. India's largest steel maker, which is also the second-largest iron ore producer after NMDC, also believes that with the ongoing and proposed expansion at the mines, it would be able to achieve 58 mtpa iron ore production by 2020.
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Karnataka okays Rs 10,044 cr worth projects
The Karnataka government has cleared 10 projects with an investment of over Rs 10,044 crore. The projects are expected to create 14,105 jobs in 10 districts of the state.