The Shapoorji Pallonji Group announced the sale of its Brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 33.5 billion. This is the second port divestment in the last few months from the diversified construction and infrastructure, real estate and energy conglomerate. It had earlier divested its Dharamtar Port to...
Category: Ports & Shipping
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Rs. 410-bn Great Nicobar Island transhipment port project invites EOI
Proposed port will have handling capacity of 16 mn containers per year The Ministry of Ports, Shipping, and Waterways would soon invite expressions of interest (EOI) from interested parties for an international transhipment port project to be built at Great Nicobar Island in the Bay of Bengal. The project is anticipated to cost Rs. 410...
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Adding Gati To The Momentum Of Growth
Brought sixteen ministries for planning & implementation of projects The textbook definition of effective communication deals with eliminating noise between the sender and the receiver. In the second most populous nation of the world which is waiting to soar higher and realizes its dreams, this is crucial, especially between the stakeholders who shape the nations...
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Gati Shakti will catalyse economy, affirm infrastructure experts
Timelines for DPRs and land acquisition of projects will also be shortened Mega projects like Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport among others are likely to witness economic benefits with the implementation of Gati Shakti as timelines for DPRs and land acquisition have been shortened stated experts at...
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Tata Steel completes maiden multi-modal shipment of TMT bars
Multimodal logistics via waterways will decarbonise the steel sector Tata Steel had shipped about 1,800 tonnes of finished steel products from Haldia Port in West Bengal to Pandu Port in Assam using the Indo-Bangladesh Protocol (IBP) route through the Brahmaputra River.The products, including TMT bars, arrived at Haldia on rail before loading into river barges...
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Spurring a Sea Change
The draft Indian Ports Bill, 2020, has many positives, but it should safeguard state autonomy and plug holes. The wish list is for an act that will make India’s coastline future-ready – safe harbours, unimpeded access, water deep enough for the largest vessels, no risk of noise, dirt and danger associated with loading and unloading...
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BOT operators of ports ask govt to resolve issues in port policies
BOT operators at major ports handling a single commodity have urged the Ministry of Ports, Shipping and Waterways to address issues with port policies that are affecting their operations.Since Prime Minister Narendra Modi announced the Atmanirbhar Bharat Abhiyan to make India self-sufficient, the government has implemented reforms and policy changes to reduce India’s reliance on...
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Major Port Authorities Act to Decentralise Decision-Making
The Major Port Authorities Act, 2020, is aimed at decentralising decision-making and infusing professionalism in the governance of 13 major ports. The act seeks to impart faster and transparent decision-making to benefit stakeholders and improve project execution capabilities by reorienting the governance model in central ports to the landlord port model in line with the...
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Spurring a Sea Change
The draft Indian Ports Bill, 2020, has many positives, but it should safeguard state autonomy and plug holes. The wish list is for an act that will make India’s coastline future-ready – safe harbours, unimpeded access, water deep enough for the largest vessels, no risk of noise, dirt and danger associated with loading and unloading...
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Adani to develop container terminal at Colombo port
APSEZ will develop the WCT at the Colombo Port in a JV with Japan