Adani Port and Special Economic Zone (APSEZ) has violated environmental clearance conditions, said a committee set up by the Union Ministry of Environment and Forests (MoEF). It recommended an environment restoration fund be formed to mitigate the damage. The fund, it said, should be worth one per cent of the project cost (including the cost of the thermal power plant), or Rs 200 crore, whichever was higher.
Category: Ports & Shipping
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Mundra port attains 2nd rank in container volume
Gujarat-based Mundra port overtook Chennai port to become the countryÂ’s second biggest container gateway in 2012-13. The Gautam Adani-operated Mundra port loaded 1.57 million standard containers in fiscal 2013. The number one spot in this cargo category has been held for a long time by union government-controlled Jawa
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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
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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Kandla Port woos importers and exporters
Gujarat-based Kandla Port Trust said that it was providing the "highest level of service" to its users and urged importers and exporters to continue to patronise it.
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Paradip Port implements projects to raise capacity
Paradip Port Trust is implementing several projects to raise its capacity from the existing 102 million metric tonne per annum (mn tpa) to 252.50 mn tpa by the year ending 2020.
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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
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 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
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