For the Union governmentÂ’s debt restructuring plan for State-owned power distribution companies, at least six states have agreed to subscribe. The deadline for States to opt for the package has been extended by three months and would now end on March 31. The three-month period would be used to accommodate agreements by more states and ensure consensus building among stakeholders.
Once accepted by all states, the Rs 1.9-lakh-crore package is expected to bail out financially-stressed distribution
Category: Warehousing & Logistics
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Six states agree for discom debt rejig package
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The logistics expert
The long time logistics expert Steve Hoffman is now with Damco as the Global Head for activities in the industrial sector.
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Concor looks for land to set up logistics parks
Container Corporation of India (Concor) is looking for land to set up three multi-moÂdal logistics parks at DurÂgapur, Dankuni and Siliguri.
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Rail should be an element of logistics
Integration of each arm into the Rs 459,000-crore transport and logistics sector, likely to grow at about 10-15 per cent CAGR till 2015, will be a step towards addressing transportation requirements, writes Vineet Agarwal.
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Govt rolls out sops for exporters
The government introduÂced some promotion scheÂmes and incentives for the exporters to tap new markets. ReleÂasing the annual supplement to the Foreign Trade Policy 2009-2014,
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Vision India's logistic park
Vision India plans to begin construction work on the proposed Rs 50-crorelogistics park project in Chennai by 2012. The company is expected to sign a memorandum of understanding
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GDKL opens CFS at ICTT
In order to facilitate exim trade in Kochi, container logistics major Gateway Distriparks (Kerala) (GDKL) began operation of container freight station (CFS) through the ICTT Vallarpadam.
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GDKL opens CFS at ICTT
In order to facilitate exim trade in Kochi, container logistics major Gateway Distriparks (Kerala) (GDKL) began operation of container freight station (CFS) through the ICTT Vallarpadam.
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Logistics need operational push
The railways sector has more scope to grow than any other transport sector. With a current length of 71,000 km, its coverage is far below what it should be for both passenger and freight traffic.
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JNPT to join hands with DFC for logistics park
Jawaharlal Nehru Port Trust (JNPT) plans to develop the world’s best logistics park in collaboration with Dedicated Freight Corridor (DFC) and has engaged a consultant for this purpose.