The report of the Comptroller and Auditor General (CAG) of India on the public private partnership (PPP) port projects implemented by the Andhra Pradesh government was tabled in the State Legislative Assembly recently. The report identified some key faults on the part of the state government in designing the contracts
Tag: Andhra Pradesh
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Andhra leads in port projects under PPP mode
According to a study by the Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh (AP) ranks first in value terms in port projects that are in under construction in public-private partnership mode as of April 30, followed by Maharashtra. The study titled 'Port Developments in India' says Kerala stands first in value terms in port projects under bidding stage, followed by Maharashtra again.
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AP commands lion’s share in ports sector: Assocham study
According to a study by Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh commands the lion's share of over 46 per cent with three projects worth over Rs 20,000 crore under construction in ports sector under PPP model. Odisha accounts for second highest share of about 17 per cent in value terms in ports sector.
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Panel probes charges against Krishnapatnam port
A Supreme Court-appointed committee is probing the alleged violation of environment permissions and encroachment of assigned land by Krishnapatnam port in Andhra Pradesh. The Central Empowered Committee (CEC) appointed by the apex court visited the port to inquire into the allegations against Nellore district administration and the port
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Banks asked to provide credit to power starved firms
Commercial banks received a direction from the Reserve Bank of India (RBI) to provide credit to companies in Andhra Pradesh which are suffering from paucity of power. Earlier, the Visakhapatnam Chamber of Commerce and Industry discussed the problems being faced by the business in the state owing to non-availability and shortage of power with the Union Ministry of Commerce and I
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Commissioner welcomes inclusion of port under industrial zone
Andhra Pradesh Industries Commissioner welcomed the central government's move to include Krishnapatnam port in the international industrial zone. The zone is planned along the Chennai-Bangalore railway corridor. The move is expected to boost industrial deve
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Ports in east coast have tremendous potential
Ports in the eastern coast of India hold tremendous potential for growth in cargo traffic owing to the development of new projects in the neighbouring areas, reports suggest.Some reports indicate that the ports in east coast are expected to handle coking coal and non-coking coal imports as several major power plants are coming up in Chhattisgarh and Jharkhand
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Towards accessible hinterlands
Those against central-state joint participation and champions of the Ăâfederal structureĂâ should learn the rural roads case study. Without the Rs 132,000 crore Pradhan Mantri Gram Sadak Yojana (PMGSY)
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AP to seek fund for JNNURM-2
Andhra Pradesh Chief Minister N Kiran Kumar Reddy said he would ask the central government to allot Rs 20,000 crore under Jawaharlal Nehru National Urban Renewal Mission-2 (JNNURM-2).
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Gujarat leads in completion of port projects
According to a study by the industry body Assocham, Gujarat, Odisha and Maharashtra account for 84 per cent of the total port projects completed during the 11th Plan Period (2007-12).