With the decks cleared for setting up of a second major port in Andhra Pradesh, the state is set to receive a significant boost for its logistics sector. Once the second major port in Prakasham district commissioned, the State will have two major ports, the other being the countryĆās premier Visakhapatnam Port.
Tag: Andhra Pradesh
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Bombardier wins major new order from Delhi Metro Rail Corporation
Rail technology leader Bombardier Transportation has won a major new order from Delhi Metro Rail Corporation (DMRC) to provide the first driverless unattended mass transit solution in India.
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Adani port sets a new record in coal handling in India
Goutam Adani promoted Mundra port has created a national record on coal cargo handling to 151,229 metric tonnes of steam coal in 24 hours from MV Cape Fushen, Large Cape Vessel, carrying steam coal of Indonesian steam coal of Adani Power Limited (APL).
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VPT to set up a major port in Nellore district
With an investment of Rs 9,500 crore, Visakhapatnam Port Trust (VPT) will establish a major port at Duggarajupatnam in Nellore district of Andhra Pradesh. The exact location proposed for the port is at Duggarajupatnam, where four berths would be constructed. The site would be developed as a major port in the East Coast, VPT said in Visakhapatnam.
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AP govt must set up maritime board to boost port sector
Industry watchers suggest Andhra Pradesh government to set up a state maritime board (SMB) in order to boost the port and shipping sector in the state. There are 12 minor ports and one major port in the state. Earlier in 2010, the state government introduced a draft Bill for a maritime board in the Asse
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Thus spake the industry
The land acquisition bill would lead to further holding up of the infrastructure projects where many projects are already languishing due to the failure of authorities to acquire the necessary land for development.
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RITES Consultant to new AP Port Project
A subsidiary of Indian Railways, RITES has been appointed as the consultant for preparing the techno-economic feasĆĀ”bility report for the new major port at Dugarajapatnam in Andhra Pradesh with a three month time limit for submission of the report, said the Union Minister of Shipping GK Vasan
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Govt okays RIL-BP’s plan to invest $3.18 bn in KG-D6 block
A plan of Reliance Industries and BP has been approved by the Union government to invest $3.18 billion in R-series gas field in the KG-D6 basin in Andhra Pradesh, which is expected to produce up to 13 million standard cubic metre gas, said the government and industry officials. As per the approved plan, the field is estimated to hold about 1.2 trillion cubic feet of recoverable gas reserves.
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Centre to develop two new major ports in AP, WB
The Government has decided to develop two new major ports with private participation under the Public Private Partnership (PPP) Mode, one at Dugarajapatnam in Andhra Pradesh and the other at Sagar Island in West Bengal, said the Union Minister of Shipping GK Vasan in a written reply in the Lok Sabha on August 26.
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Anti-bifurcation stir hits fertiliser movement at AP ports
In Andhra Pradesh the ongoing anti-bifurcation agitation in the coastal Andhra Pradesh is causing huge loss to ports in the state. Fertiliser handlers at seaports, particularly in Visakhapatnam port, are incurring huge demurrage (a charge payable to the owner of a chartered ship in respect of failure to load or discharge the ship within the time agreed.) losses over the last three weeks due to the agitations.