Union Shipping Minister GK Vasan informed Lok Sabha that some ports in the country received muted response for their tax-free bond issues mainly on account of weak market sentiments and low coupon rates. While Jawaharlal Nehru Port (JNPT) wanted to raise Rs 2,000 crore through issue of tax-free bonds, the actual subs
Author: admin (Infratructure Today)
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KPCT to set up jetty for oil and gas products
Andhra Pradesh-based Krishnapatnam Port Container Terminal (KPCT) intends to construct a jetty for handling liquefied natural gas (LNG) and petroleum oil and lubricants in the next two years. Besides, the port, which is said to be having the biggest and deepest draft container terminal on the east coast of the country, is in the process of setting up a dedicated terminal for export of
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KPCT to set up jetty for oil and gas products
Andhra Pradesh-based Krishnapatnam Port Container Terminal (KPCT) intends to construct a jetty for handling liquefied natural gas (LNG) and petroleum oil and lubricants in the next two years. Besides, the port, which is said to be having the biggest and deepest draft container terminal on the east coast of the country, is in the process of setting up a dedicated terminal for export of
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HSL may get contracts worth Rs 250 bn
Hindusthan Shipyard (HSL), which has been suffering from lack of orders, may get contracts worth Rs 25,000 crore from the central government, Union Minister of State for Defence Jitendra Singh informed. The state-run shipbuilding firm may get the contracts for building war ships, the minister said. Earlier, T Subbarami Reddy, a member of the Rajya Sab
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AP govt takes steps for right of way to metro project
Andhra Pradesh government is taking efforts to give right of way for the elevated Hyderabad Metro Rail project being executed by Larsen and Toubro. The state government is taking steps to shift utilities such as water lines, sewer lines, electrical overhead lines and underground cables, electrical poles, street lights, advertisement boards
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Govt , RBI took steps to boost investment
The Union Budget 2013-14 has outlined several initiatives to boost investment in infrastructure and industry, that inter-alia include encouraging Infrastructure Debt Funds, credit enhancement to infrastructure companies, raising the corpus of Rural Infrastructure Development Fund, introduction of investment allowance for new high value investments etc. Minister of State for Finance, Namo Narain Meena informed this in the Lok Sabha recently
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Chhattisgarh govt, AAI to sign pact for airport project
Media reports indicate that the Chhattisgarh state government and the Airport Authority of India (AAI) may sign an agreement for setting up a full-fledged airport at Raigarh at a cost of Rs 260 crore. AAI is expected to develop the proposed airport in two phases, with Rs 158 crore being spent on the first phase. The authority expects to complete the project in thre
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AP govt to add 4 gw generation capacity to meet demand
By the end of the financial year 2013-14, the Andhra Pradesh government aims to add at least 4,000 mw of power production capacity in order to meet the shortage of electricity. The state government's power generation firm AP Genco is said to be in the advanced stage of commissioning at least three projects, including two units
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Govt may invite bids for 2 port projects by July
Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September. It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis
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Govt may invite bids for 2 port projects by July
Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September. It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis