Home » Connectivity

Tag: Connectivity

Post
Air services to Rameswaram, Kanyakumari

Air services to Rameswaram, Kanyakumari

Experts say air connectivity to tourist spots like Kanyakumari, Ram­eswaram in the country will improve the growth of such tourism centres. As per a proposal of the Union Civil Aviation Ministry’s proposal, one can expect a 20-seater or a 40-seater passenger aircraft to land in a civilian airport in Kanyakumari or Ram­eswaram.

Post
Gujarat govt sets up SPV to implement Rs 50 bn project

Gujarat govt sets up SPV to implement Rs 50 bn project

The Gujarat government set up a special purpose vehicle with an initial authorized capital of Rs 200 crore to implement a dedicated regional rail system project. State-run RITES is learnt to have submitted to the Gujarat government, the final feasibility report for the project, which is expected to cost Rs 5,000 crore at the current price. Initially, the estimated cost of the project was Rs 2,500 crore in

Post
Kollam port fails to attract cargo vessels

Kollam port fails to attract cargo vessels

Kollam Port, which was set up at a cost of Rs 50 crore some years ago, failed to attract cargo ships so far. Some reports attribute the poor traffic at the port to lack of proper road connectivity and local resistance to any development programme. Kerala government set up Kollam port within the Tangasseri breakwater complex and inaugurated it in 2007

Post
Consortium may lend Rs 7 bn to Dighi Port

Consortium may lend Rs 7 bn to Dighi Port

A consortium of banks led by Bank of India would reportedly lend Rs 700 crore for the infrastructure project proposed to be carried out by Vijay Kalantri-promoted Dighi Port. The project, which is estimated to cost Rs 1,000 crore, includes setting up a new berth and road and rail infrastructure at the port. The remaining cost would be met by the promoters, reports indicate

Post
Ennore Port, JNPT raise funds via bonds

Ennore Port, JNPT raise funds via bonds

Ennore Port and Jawaharlal Nehru Port Trust (JNPT) are in the processing of raising funds through issue of tax-free bonds. While Ennore Port is raising Rs 1,000-crore through the bond, JNPT would raise Rs 2,000 crore. Ennore Port offers two categories of bonds: 10 year bonds bearing annual rate of interest of 7.01 per cent and 15 years offering 7.17

Post
Govt may give concessions to road developers

Govt may give concessions to road developers

Government plans to give some concessions to financially strained highway project developers in order to fast-track execution of projects in the sector. It may be noted that the NHAI has been able to award contracts to build under 1,000 km of highways so far in 2012-13 compared to the revised target of 4,800 km in the entire financial

Post
Krishnapatnam Port to set up new berths

Krishnapatnam Port to set up new berths

Krishnapatnam Port Company (KPCL) is in the process of increasing the number of berths to almost 20 in the north, south and west side of the ports in the next two to three yearÂ’s time. The promoters have invested close to Rs 5,000 crore in creating 10 multi-purpose berths including two for containers in KPCL. However, the plan is to have 42 berths in 5 yearÂ’s time, sources from the port