Securities and Exchange Board of India (SEBI) received a request from the Jawaharlal Nehru Port Trust (JNPT) to allow it to raise a maximum of Rs 2,000 crore through tax free bonds. Earlier, the union finance ministry allowed JNPT along with Dredging Corporation of India (DCI) and Ennore Port to raise collectively Rs 3,500 crore through tax free bonds
Tag: DCI
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Competition's fine, but competitors are few: Experts
The National Maritime Agenda 2020 envisages that all the Major Ports should have a draft of about 14 m. Two mega hub container terminals—one on the east coast and a second on the west coast are planned with a draft of about 17 m.
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Financial support for dredging is necessary to reduce port charges
A change in the Dredging Policy is on the anvil, and Union Minister of Shipping GK Vasan describes to Shashidhar Nanjundaiah what it envisage and what is in store for the private sector.
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Dredging policy: Out of the blue
Trade and commerce on the nation's vast waterways have been hampered by an archaic approach to dredging, as well as monopolistic practices and policies.
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