The ailing Cochin Port Trust is pinning big hopes on upcoming projects to increase cargo throughput as well as revenue. Allaying fears of a bleak future, the Port Trust Chairman, Paul Antony, said that ´the temporary difficulties will be over in the next two years´. According to him, the completion of the Integrated Refinery Expansion Project (IREP) of BPCL-KR will attract additional 8 million tonnes of cargo, thereby fetching a revenue of Rs 70 cr.Similarly, the new 4.5 million tonne capacity Multi -Utility Liquid Terminal by Indian Oil Corporation and the commissioning of cement handling or bagging facilities by Malabar Cements, Zuari and the project of HPCL are expected to generate both cargo traffic and revenue.
FlashNews:
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Home » Kochi Port betting on upcoming projects
Kochi Port betting on upcoming projects
Ports & Shipping
October 1, 2015October 1, 2015

Leave a Reply
You must be logged in to post a comment.