Kolkata Port Trust (KoPT) has announced a 28.58 per cent rise in operational surplus at Rs.603.65 crore for 2015-16.
Category: Ports & Shipping
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Private participation likely in modernisation of state-run ports
Drawing from the experience of the aviation and highways sectors, the Shipping Ministry is looking at modernising state-run sea ports with private sector support as a first step.
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Kandla gets quality evaluation lab of Spices Board
The Spices Board has set up Gujarat´s first quality evaluation laboratory at Kandla port. The facility, which became operational from May 4, 2016
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Essar Ports receives approval from GMB
Essar Ports said it has received approval from Gujarat Maritime Board (GMB) to handle 15 million tonne of merchant cargo over three years and the company´s
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We will soon form an SPV for port connectivity projects
The state has a long coastline of 720 km, which is almost 10 per cent of India´s coastline. It´s well connected through 18 National Highways and nearly 6,000 km of the railway network.
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We have committed Rs.10,000 cr to Maharashtra´s port infrastructure projects
Maharashtra is the most industrialised state in the country and is one of the prime movers of India´s success story. Like a true leader, Maharashtra has been showing the way to emulate in fields varying from infrastructure to industrialisation and from education to research.
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New bill for model PPP pact in port sector soon
The Centre will table a new bill that will facilitate a model agreement by way of Public-Private Partnership in the port sector.
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Government aims to reduce logistic costs under Sagarmala Project
High logistical cost prevailing in India is the biggest hindrance for Indian businesses on the global level and the Ministry of Shipping will aim to reduce the cost under the Sagarmala Project, said Nitin Gadkari, Union Minister for Shipping, Road Transport and Highways, on the second day of the Maritime India Summit 2016.
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Indian major ports set to install 200 MW renewable projects
In a bid to become self-reliant in energy, the Ministry of Shipping has chalked out plans to install around 200 MW captive (150 MW solar and 50 MW wind) renewable power projects in as many as 11 major ports in India.
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Shipping Ministry’s 3-day summit
In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.