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Some experts support splitting Rs 82 bn project

Some experts support splitting Rs 82 bn project

Even as the board of the Jawaharlal Nehru port (JNPT) decided to award the Rs 8,200 crore container terminal project through a single tender, some experts support the earlier decision of splitting the project. The earlier decision to split the contract into two was supported by the trade, terminal operators and consultants alike. They felt that splitting the project into two

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JNPT to award Rs 82 bn terminal project as single contract

JNPT to award Rs 82 bn terminal project as single contract

Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few

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Ministry wants to expedite Rs 90 bn terminal project

Ministry wants to expedite Rs 90 bn terminal project

Union shipping ministry wants to expedite the award of the Rs 9,000 crore fourth container terminal project at Jawaharlal Nehru Port Trust (JNPT) in Mumbai. The project has been delayed by more than three years after a consortium of Port of Singapore and ABG Ports exited the contract. The consortium had outbid others then by offering to share more than 50 percent of th

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GMB to attract bidders for dredging project

GMB to attract bidders for dredging project

Following poor response from bidders in the initial global tender, the Gujarat Maritime Board (GMB) plans to conduct a road show for the Rs 115 crore dredging project in the Gulf of Khambhat. The board wants to dredge the area in order to facilitate the proposed ro-ro ferry service linking Ghogha in Bhavnagar to Dahej. An official statement from the GMB shows that the channel's length will be about 4,30

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Bidders submit high quotes for Haldia port contract

Bidders submit high quotes for Haldia port contract

Kolkata Port Trust (KoPT) intends to examine why
interested bidders are offering higher quotes for the mechanised cargo handling at Haldia port. Speaking to media persons, Manish Jain, Deputy Chairman, Haldia Port, KoPT, said the port authorities must examine why no interested bidders could match the tariffs charged by ABG-LDA run previous contractor Haldia Bulk Terminals (HBT

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Ennore port may award Rs 14 bn project before Dec 2013

Ennore port may award Rs 14 bn project before Dec 2013

Unconfirmed media reports indicate that Ennore Port
expects to award the contract for its Rs 1,407 port-cum-terminal project before December and the project may be completed in 30 months. The size of the terminal has been revised from the earlier 1,000 metre to around 750 metre, reports suggest. At its recent board meeting, the port decided to a float fresh tender for the

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Sri Lanka authority develops port infrastructure

Sri Lanka authority develops port infrastructure

Sri Lanka Ports Authority is taking steps to develop the port infrastructure around the country in order to pursue the national government's aim of making the country the Regional Maritime Hub by leveraging its unique geographical location. Recently, the authority completed dredging work at the Access Channel, the Harbour Basin and the Access Chan

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Security nod to firms augurs well for port sector

Security nod to firms augurs well for port sector

The recent security clearances given by the union government to three infrastructure companies in the port sector may enable more private sector participation in port projects, reports suggest. The union government gave security approval for Adani Ports, Punj Lloyd, and Gammon Infrastructure to participate in port projects. Once given, these clear

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Appointment of new chairman may take 5 months

Appointment of new chairman may take 5 months

Media reports indicate that it may take at least four to five months to appoint a new chairman for the Jawaharlal Nehru Port Trust (JNPT), whose current Chairman L Radhakrishnan was appointed home secretary of Kerala. Radhakrishnan was the chairman of the largest container port in the country for over three years. Till the time a new chairman is appointed, the deputy chairman has been handed charge and some reports sugg

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Proposed port in AP to boost cargo volume from east coast

Proposed port in AP to boost cargo volume from east coast

Industry chambers feel that the proposed Rs 8,000 crore major port in at Dugarajapatnam in Vakadu 'mandal' or block of Andhra Pradesh may boost export and import from the east coast and contribute to the economic progress of the state. It may be noted that the Cabinet Committee on Economic Affairs recently cleared the proposed port project, which is coming up on a 5,000 acre land in the stat