KochiĆās aspirations of hosting IndiaĆās second maritime university remains on paper more than five years after the Parliamentary Committee on Transport, Tourism and Culture recommended the setting up of maritime universities at five centres in the country, including one in Kochi city.
Author: admin (Infratructure Today)
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GE Shipping fleet to get two more dry bulk carriers
Great Eastern Shipping on July 25 said it has placed orders with a Japanese company for building two dry bulk carriers. GE Shipping has placed an order for two new Kamsarmax dry bulk carries with Tsuneishi Shipbuilding company, Japan, the country's largest private sector shipping firm said in a statement. These vessels will be built at the Yard's facility in Philippines, it said, without giving financial details
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Petronet plans to operationalise phase I of terminal project by Aug
According to media reports, Petronet LNG may operationalise its Phase-I of the natural gas terminal at Kochi by the end of August 2013. The company, which initially planned to commission the project during March 2013, faced several roadblocks.
Work on the project in the southern end of Vypin island
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Cabinet to decide on Rs 372 bn refinery project
Media reports indicate that the union cabinet would soon decide on clearing the Rs 37,230 crore refinery project at Barmer, Rajasthan. It is learnt that the central government prepared a note for the cabinet on this project, which is promoted by the state-run Hindustan Petroleum Corporation (
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VPT faces delay in implementing key projects
Visakhapatnam Port Trust (VPT) may find it difficult to achieve its planned capacity increase to 150 million tonne by 2020 as several port projects are facing delay. The company planned to achieve this capacity expansion through an estimated investment of Rs 14,000 crore. The port authority is facing implementation delay for thre
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JNPT to accept RFQ till Aug 19 for container terminal project
Until 19 August, prospective bidders can submit requests for qualifications (RFQ) for the proposed fourth container terminal project of at the Jawaharlal Nehru Port (JNPT). The port authority recently extended the deadline for submitting RFQ for the project reportedly because bidders were
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Centre requested to fas-track aviation projects in Arunachal
Unconfirmed reports indicate that the central government received a request from the Arunachal Pradesh governor Lt-Gen (Retd) Nirbhay Sharma to expedite civil aviation projects in the state and restore Lilabari Airport as early as possible. In New Delhi, Sharma held a meeting with union civil aviation Minister Ajit Singh to discuss aviation projects in the
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Priority sector status sought for credit to affordable home developers
Banks have requested Reserve Bank of India (RBI) to allow them to classify loans given to developers of affordable housing projects as priority sector lending. If RBI assigns priority sector tag to such loans, it would encourage developers to build affordable homes owing to availability of funding from banks. Also, it would enab
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PSUs invest Rs 1.2 trillion in FY13
Speaking at the annual general meeting of the industry chamber Associated Chambers of Commerce and Industry (Assocham), Prime Minister Manmohan Singh said major state-run firms invested about Rs 120,000 crore in 2012-13. He said this to dismiss the popular notion that public sector undertakings (PSUs) werenĆāt investing despite sittin
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RBI wants traders to export 20% of imported gold
In order to reduce the domestic consumption of gold, the Reserve Bank of India (RBI) mandated importers of the yellow metal to export 20 percent of the gold from the arrived consignment. Presently, a very small portion of gold is exported and the above move is expected to boost re-export of gold.
Of the 970 tonnes of gold imported last year, only 70 tonn