Centre has signed an agreement with Asian Development Bank (ADB) for A $60 million loan for 'North Karnataka Urban Sector Investment Program' (NKUSIP).
Tag: August
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Raghuram Rajan is next RBI Governor
Chief Economic Adviser Raghuram Govind Rajan was appointed as Governor of the Reserve Bank of India (RBI). Rajan is set to take over the mantle of the central bank at a time when the economy is faced with a multi-pronged crisis of
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WB gets Centre’s aid for solar PV projects
The West Bengal Renewable Energy Development Agency has received financial assistance from Ministry of New And Renewable Energy for various off-grid solar photovoltaic systems and power projects.
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KPT to invest Rs 6,000 cr
Kandla Port Trust (KPT) plans to set up a container terminal at a cost of Rs 5,992 crore. The terminal, which will come up at Tuna-Tekra in the Gulf-of- Kutch outside Kandla Creek, will be capable of handling container vessels up to 18,000 TEUs.
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11 firms for Ennore Port terminal project
For developing Rs 1,270 - crore container terminal at Ennore Port in Tamil Nadu, 11 companies, including four foreign firms, have submitted their Requests for Qualification (RFQs) proposals.
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Lankan port transhipment
Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo port's transhipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present,
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DCI plans to spend Rs 19 bn
In the 12th Five Year Plan (2012-17), Dredging Corporation of India (DCI) has planned a capital expenditure of about Rs 1,972 crore. This includes placing order for two more 9,000 cu m capacity dredgers.
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Essar iron ore berths in Vizag
Essar Ports is looking to secure finances of about Rs 700 crore for developing three iron ore berths at the Visakhapatnam port in the next six months.
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VPT faces delay
Visakhapatnam Port Trust (VPT) may find it difficult to achieve its planned capacity increase to 150 million tonne by 2020 as several port projects are facing delay.
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PPT major port of the year
For its excellent performance in 2012-13, Paradip port has been conferred with the 'Major Port of the Year' award. SS Mishra, Chairman, Paradip Port Trust (PPT),