To cater to the growing demand for car exports from Tamil Nadu, the Ennore Port is planning to double its car storage capacity from the existing 10,000 units in a year. The additional space at the port would be ready by the middle of 2014-15, the port Director-Operations Sanjay Kumar has said.
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The Union Government has decided to operate, manage and develop 20 airports across the country through public-private partnerships (PPP), including Chennai and Kolkata
Ennore Port presents Rs 40 cr dividend to govt
The Union Minister of Shipping GK Vasan was presented with a dividend cheque of Rs 40 crore by the Ennore Port (EPL) for the financial year 2012-13. The Chairman and Managing Director of the EPL MA Bhaskarachar presented the cheque to the Minister at a function in Chennai on September 17.
IOCs LNG terminal at Ennore
By the end of 2013, Indian Oil Corp (IOC) plans to begin work on its liquefied natural gas (LNG) terminal project at Ennore near Chennai.
Essar, TPG Capital in Race for Karaikal Port
To acquire a majority stake in Karaikal Port in Tamil Nau, Essar Ports and US private equity giant TPG Capital are in the fray to acquire a majority stake in
Karaikal Port. The port is a subsidiary of debt-ridden Chennai based Marg Group.
Chennai, Kolkata airports for pvt operation
The Union Government is to give away Kolkata, Chennai and four other airports to private players on an 'Operate, Maintain and Transfer (OMT)' basis for a period of 7-10 years.
L&Ts Kattupalli container terminal to start from Sept 19
The Larsen & Toubro's container terminal project constructed at a cost of Rs 2,000 crore at Kattupalli, near Chennai, is to go on commercial stream from September. The project has been delayed nearly for two years. It is expected that the new terminal will take away major chunk of container traffic from the Chennai port.
Centre receives proposals for monorail projects
The Tamil Nadu government sent a proposal to the central government for a Chennai City mono rail project. The state government decided to implement Phase 1 of the Chennai Monorail Project of a total length of 57.09 km
Chennai maritime heritage museum to take 2 more years
Two more years will take for the opening of the maritime heritage museum in Chennai. The Tamil Nadu Tourism Development Corporation (TTDC) has taken up the project. The maritime museum is to come up in Mamallapuram. Decommissioned submarine – INS Vagli – will become a part of the heritage museum. The project could be divided into two parts – submarine museum and heritage museum. As Mamallapuram receives a huge number of visitors, they should be allowed to have a look at the submarine museum.
New ROB to replace Periyar Nagar bridge in Chennai
In Chennai, a new road over bridge (ROB) is to be constructed across the railway track at Periyar Nagar on the Thiruvanaikovil Trunk Road. The ROB construction is to be taken up by the Tamil Nadu State Highways Department and it is set to call tenders next month for the same. The Rail Vikas Nigam, a public sector undertaking, will construct the Railway portion of the proposed ROB, say sources in the State department.