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Tag: enhancement
VPT’s Rs 8.4 bn project faces roadblock
The union cabinet may have cleared the Rs 845 crore capacity enhancement and modernisation project at the existing iron ore facilities in the Visakhapatnam Port Trust. But labour unions are opposing the proposed project arguing that it may harm the interest of the port. Recently, United Port and Dock Employees Union staged a dharna in front of administrative building of the port against the approval of the Cabinet Committee of Economic Affairs
CCEA to consider Rs 845 cr Vizag Port project
The Cabinet Committee on Economic Affairs (CCEA) would decide on clearing the Rs 845 crore capacity enhancement project in Vishakhapatnam Port. The project involves upgradation of the existing facility and creation of an iron ore handling terminal. The terminal for handling iron ore would be set up on DBFOT (Design, Build, Finance, Operate and Transfer) basis in