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Government to set up INWTG

Government to set up INWTG

The Government is considering a proposal to set up an Integrated National Waterways Transport Grid (INWTG) which covers mainly five National Waterways. The INWTG includes development of the National Waterways with at least 2.5 meter Least Available Depth (LAD), upgrading/ setting up of priority terminals, establishing road connectivity, wherever feasible, rail and port connectivity.

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Adani to invest Rs.20,000 crore in Gujarat ports

Adani to invest Rs.20,000 crore in Gujarat ports

Adani Group has announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 mt per annum by 2020. The investment is on the top of Rs 25,000-crore spending the group had announced on the first day of the Vibrant Gujarat Summit.

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Modi takes over port project NSAC

Modi takes over port project NSAC

Prime Minister Narendra Modi will soon be heading another body, a port infrastructure development initiative-National Sagarmala Apex Committee (NSAC). The PM´s committee is expected to oversee a company, Sagarmala Development Company (SDC) with the Shipping Minister as its Chairman and the Shipping Secretary as the Co-chairman.

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AP advised to improve capacity of existing ports

AP advised to improve capacity of existing ports

The East Coast Maritime Business Summit has cautioned that it is as important to build the supporting infrastructure for speedy cargo evacuation from ports as to build new ports or to add to the capacity of the existing ones, as otherwise ports will merely become stockyards.