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CAG report finds fault with port development in Maharashtra

CAG report finds fault with port development in Maharashtra

According to a recent report by the Comptroller and Auditor General (CAG), the Maharashtra Maritime Board failed to prepare any comprehensive plan with a long-term vision for minor ports in the state. The report on General and Social Sector, which was tabled in the state legislature, shows that the maritime board is developing the ports in the state in an ad-hoc manner owing to lack

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Ministry panel for cancelling part of Adani’s SEZ project

Ministry panel for cancelling part of Adani’s SEZ project

A committee under the union environment ministry recommended the ministry to cancel the clearance for the northern part of Adani Group's Mundra Port and Special Economic Zone. The committee, headed by Sunita Narain, director-general of Delhi-based Centre for Science and Environment, alleged Adani Group with violating green norm

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Govt aims to award 30 port projects in FY14

Govt aims to award 30 port projects in FY14

Union Shipping Minister GK Vasan informed a parliamentary consultative committee in Mumbai that the ministry aims to award 30 projects worth Rs 24,633 crore in 2013-14. These projects may increase capacity of ports in the country by 288.48 million tonne, the minister said. Further, the minister pointed out that the achie

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Home ministry gave opinion on security nod for APSEZ

Home ministry gave opinion on security nod for APSEZ

The union home ministry is learnt to have given its opinion on granting security clearance to Adani Ports and Special Economic Zone (APZEZ) for participating in the proposed terminal project in Chennai port. In a representation submitted to the Chennai port late December, the APSEZ sought a review of the governmentÂ’s earlier decision to deny it security clearance

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Legal experts find loopholes in lease deed

Legal experts find loopholes in lease deed

Legal experts warned that the Cochin Port Trust (CPT) may lose 26 acre of prime land at Bolgatty island if the lease holder raises loan against the land and fails to repay it. On July 26, 2011, the port authority leased out the land to a private developer by signing a lease deed. According to the deed, the lessee may seek permission from the port authority to raise loan against the la

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IIT recommends all weather port at Nagapattinam

IIT recommends all weather port at Nagapattinam

The Indian Institute of Technology, Madras recommended the Tamil Nadu government to develop the proposed port at Nagapattinam as an ‘all weather, deep water, direct berthing port. The state government would conduct the bidding process for the Rs 380 cr project based on reco

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Chennai port to adopt RFD to gauge performance

Chennai port to adopt RFD to gauge performance

Chennai Port Trust (ChPT) decided to adopt Results Framework Document (RFD) in order to measure its operational performance instead of the current Memorandum of Understanding (MoU). The port would prepare a plan of action in 2013-14 based on the RFD for generating traffic based on clean cargo. The port would segregate capacity addition into three

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Kerala govt to complete work on national waterways soon

Kerala govt to complete work on national waterways soon

Minister of Ports for Kerala K Babu informed that his government complete the work on the national waterway from Kottappuram to Kovalam soon. Speaking on the sidelines of an event, the minister affirmed that the government was fully committed to the development of water transportation in the state. He said the state government gave utmost impo