Kolkata Port Trust (KoPT) expects to earn revenues worth nearly Rs 5 crore a year initially through ship breaking operation, which it decided to resume after a gap of almost three years.
Author: admin (Infratructure Today)
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Flyover in Bangalore’s Banaswadi to be widened
In Bangalore, to tackle the traffic congestion on one of the major roads in Banasawadi, East Bengaluru, the Bruhat Bengaluru Mahanagar Palike (BBMP) is mulling over the construction of flyovers parallel to the existing one. The Corporation is also planning to provide one extra lane to the flyover loop which connects Byappanahalli to the Banasawadi flyover.
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Cabinet may consider road ministry proposal
Media reports indicate that the union cabinet may consider the proposal of the road ministry to allow road developers to sell their 100 percent stake in already awarded projects in favour of more capable firms. The highway ministry proposed this idea as many highway developers are unable to begin work on their project because of financial and
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Cabinet may consider road ministry proposal
Media reports indicate that the union cabinet may consider the proposal of the road ministry to allow road developers to sell their 100 percent stake in already awarded projects in favour of more capable firms. The highway ministry proposed this idea as many highway developers are unable to begin work on their project because of financial and
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FM meets bankers, industrialists to speed up projects
Union Finance Minister P Chidambaram on May 14 met top bank executives and leading industrialists in Bangalore on speeding up execution of infrastructure projects by addressing procedural and structural issues.
The finance minister has assured the industrialists all help in executing pending projects and kick-starting new projects to spur growth and attract more investments in the infrastructure sector, especially power, roads, highways and ports, a leading industrialist who participated in the
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Chennai to get two more foot over-bridges soon
Southern metropolitan city Chennai is likely to get two massive foot over-bridges , one across EVR Periyar Salai and the other in T Nagar. The existing foot over-bridges in Chennai are used for just about everything but crossing the road. At least 27 of the 32 foot over-bridges in the city are in a state of disrepair and littered with trash. Only few pedestrians dare use them.
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APGDC, KSPL sign pact for Rs 50 bn LNG terminal project
The Andhra Pradesh Gas Distribution Corporation (APGDC) and the Kakinada Seaport (KSPL) signed a memorandum of understanding (MoU) for the proposed Rs 5,000 crore LNG terminal project. APGDC is a joint venture between GAIL Gas and Andhra Pradesh Gas Infrastructure Corporation (APGIC). The proposed floating, storage and re-gasification unit (FSR
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JNPT reviews plan to split Rs 82 bn container terminal project
The board of trustees of the Jawaharlal Nehru port (JNPT) is considering whether to award the Rs 8,200 crore container terminal project by splitting it into two contracts or awarding it as a single contract. L Radhakrishnan, Chairman of the port, advocated splitting the project on grounds that developing the terminal through two competing partners by redesigning the p
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AP ports lose share in pharma exports to western ports
PV Appaji, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil) informed that many Andhra Pradesh-based pharma companies preferred Western ports, mainly JNPT, to export their drugs. This lead to a fall in drug volumes handled by ports in Andhra Pradesh. Pharma exports from ports in the state declined to 18 percent as compared to 22 percent in 201
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India must sort out transit fee, pricing of gas
While the Indian government showed interest in the Iran-Pakistan natural gas pipeline project, it remains to be seen how it arrives at a consensus with Pakistan on the transit fees for using the pipeline. During his recent visit to Iran, Indian External Affairs Minister Salman Khurshid showed interest in the project. Reports from New Delhi also indicate that the Iranian Oil Minister Rostam Qassemi is scheduled to visit New Delhi som