Cochin Shipyard (CSL) would spend around Rs 490 crore to develop an international ship repair facility on a 41 acre land in the western side of Willingdon Island facing the Mattancherry channel. In September 2012, the Cochin Port Trust awarded the project to the Cochin Shipyard. The facility will enable ships visiting Kochi port undertake both floating and docking repairs
Tag: facility
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Ennore Port to award terminal project soon
MA Bhaskarachar, CMD of Ennore Port informed that the port authority may award contract for its proposed container terminal project soon. The project has been divided into three phases and the first phase is expected to cost 1,400 crore. Recently, the port received 11 expressions of interest (EoI) from private port companies for the proje
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Ennore Port mulls Rs 10 bn worth bond issue
According to a draft prospectus filed by Ennore Port with market regulator Sebi, the port plans to raise upto Rs 5,000 million through issue of tax-free bonds with an option to retain over subscription upto Rs 5,000 million aggregating to Rs 10,000 million. The port, which is the only one among the 13 major ports controlled by the central government that is run as a com
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Ennore Port mulls Rs 10 bn worth bond issue
According to a draft prospectus filed by Ennore Port with market regulator Sebi, the port plans to raise upto Rs 5,000 million through issue of tax-free bonds with an option to retain over subscription upto Rs 5,000 million aggregating to Rs 10,000 million. The port, which is the only one among the 13 major ports controlled by the central government that is run as a com
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Tata Steel expects phase I of Kalinganagar project in 2014
Anand Sen, Vice President, Tata Steel informed reporters that the Kalinganagar integrated greenfield steel plant would begin production in the second half of 2014. The 6 million tonne plant is being constructed in two phases of 3 mn t each, The first phase includes a 3 million tonne steel capacity unit and the common facili
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EPL gets response from leading firms for container project
Domestic and global firms have reportedly shown interest in the container terminal expansion project of the Ennore Port (EPL) in response to the the portĆās Expression of Interest (EoI) issued recently. The project received interest from 11 companies including multinationals such as Port of Singapore Authority, DP World and APM Terminals, local firms like Lars
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HPCL mulls LPG storage facility for Rs 700 cr
Media reports suggest that Hindustan Petroleum Corp (HPCL) is discussing the feasibility of a Rs 600-700 crore project to set up underground storage facility for liquefied petroleum gas (LPG). The company proposes to set up the facility, which would be its second one, in Mangalore and it is expected to arrive at a decision on the project in the next six
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Air India’s hangar functioning reviewed
The Joint Secretary of Union Civil Aviation G Ashok Kumar visited the Air India maintenance, repair and overall (MRO) facility at the Trivandrum International Airport on November 19 to review the functioning of the recently installed facility.
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