Dighi Port has achieved a significant milestone by handling a Capesize vessel carrying coal for one of the largest coal importers in the country.
FlashNews:
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India implements Rs 830 bn worth port projects under PPP
A study by Assocham shows that 62 public-private partnership (PPP) projects in the port sector worth Rs 82,000 crore are in different stages of implementation across different maritime states.
Competition to deepen
Industry experts feel that the extent of competition in the port sector may deepen further on completion of the ongoing port projects. Major ports in India are facing very keen competition from the neighbouring non-major ports,
AP projects face roadblock
The proposed major port project at Dugarajapatnam of Vakadumandal in Andhra Pradesh may not take off because of complications in the identified site.
GPL setting up 2 more berths
Gopalpur Port (GPL) constructed a multi-purpose berth with a cargo handling capacity of 3.50 million tonne and it is in the process of setting up another two berths.
Coastal shipping in VRV region
Business groups in the Visakhapatnam-Rajahmundry-Vijayawada (VRV) region must revive the coastal shipping and inland waterways sector,
Mechanisation at Vizag port
The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum,
New gas finds may raise output of RIL
Some analysts expect that the new gas finds of Reliance Industries (RIL) in the KG-D6 block may raise the production of natural gas from the asset. RIL has recently announced a major gas find more than 4 km below the sea bed and 2 km directly
Demand for diesel grows
As per the data with the Petroleum Planning and Analysis Cell (PPAC) of the Union Ministry of Petroleum and Natural Gas, consumption of diesel continues to grow at a faster pace than other petroleum products despite the regular hike in diesel prices.
Rs 43,000-cr Green Corridor project for renewable energy
To flow renewable energy into the national grid the Union Government plans to roll out a Rs 43,000 crore green energy corridor project. The blueprint for the project has already been submitted to the Power Ministry by Power Grid Corporation of India (PGCIL).

