Ennore Port is in the process of selecting a contractor for the construction of a $210 million multi cargo terminal with a quay length of 270 m. The port, which is is the first Corporatised Major Port under the management control of Ennore Port (EPL), received 11 initial bids from private groups for the project. The scope of work of the project, namely Ennore Port multi cargo terminal will broadly include: design, finance, cons
Category: Ports & Shipping
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Rites estimate costs for AP, West Bengal port projects
Rail India Technical and Economic Services (Rites) found that the capital costs involved in setting up Sagar port in West Bengal is estimated at Rs 7,820 crore. It also found that the capital cost for Dugarajapatnam port project in Andhra Pradesh would be Rs 7,988
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Paradip port to conduct another round of bidding for two projects
Sources from Paradip Port Trust (PPT) informed that
the authority would conduct fresh bidding for the Rs 591.35 crore the iron ore berth project and Rs 387.31 crore multi-purpose berth project. The port authority wants to engage a private player for the construction of a 10-mn tpa deep draft iron ore bert
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Countries discuss transportation of goods from Chabahar port
Iran's President Hassan Rouhani held talks with Afghanistan Vice President Hamid Ansari on transportation of goods from Chabahar port in Iran. Two Indian ports expressed interest to upgrade Chabahar port and India's External Affairs Minister Salman Khurshid held discussion with Iran on the matter
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Chinese firm to operate terminal in Sri Lanka
China Merchants Holdings International Co would operate the new container terminal opened in Colombo recently. The terminal gives a new sea route for mega vessels from China. The terminal which is regarded to be as sophisticated as the container terminal at the Singapore port
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GPPL to invest Rs 11 bn on capacity enhancement
In the next two years, APM Terminals-owned Gujarat Pipavav Port (GPPL) plans to invest Rs 1,100 crore to double container capacity and setup tank farms at an investment. GPPL, which runs IndiaÂ’s first private port at Pipavav, plans to expand its container capacity from the existing 850,000 twenty foot equivalent units of containers (TEUs) to 1.5 million TEU
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Adanis may buy Dhamra Port from Tata, L&T
To expand its presence in the country's east coast, India's biggest port operator Adani Ports is said to have clinched a deal to acquire Dhamra Port, an equal joint venture between Tatas and L&T. The deal is stated to be around Rs 5,000 crore. Sources concerned said that the deal has almost completed as the talks between Adanis and Tata Steel and Larsen & Toubro have reached to the stage of signing it formally.
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Krishnapatnam Port holds talks with PEs to offload stake
Media reports indicate that Krishnapatnam Port Company is holding discussion with some private equity funds to offload 6 percent stake and thereby mop up Rs 1,200 cr. The company wants to raise capital in order to expand the capacity of the port to 75 mn tonne from the current 50 mn tonne. It has plans to ramp up capacities to 100
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Pipavav Shipyard begins construction of naval ship for Indian Navy
Nikhil Gandhi promoted Pipavav Shipyard, major private shipbuilding and offshore infrastructure company begins construction of defence naval ship for Indian Navy. This is the first time any private shipyard received a contract to build such naval ship for Indian Navy.
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Govt plans various projects in port sector during 12th plan
The capacity of all Major Ports as on March 31, 2013 was 744.91 million metric tonne (mn t) against the traffic of 545.79 mn t handled in 2012-13. This information was given by the Minister of Shipping GK Vasan in a written reply in the Lok Sabha. The capacity utilization is around 72 percent. As per the internationally accepted norms the gap between the Traff