To boost the port-rail connectivity projects, the Ministry of Shipping is con¡sidering plans to set up a new company to undertake rail projects at all government ports.
FlashNews:
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Dismal performance of ICTT Vallarpadam sparks concern
The Cochin Port Officers Association (CPOA) has urged Union Shipping Minister Nitin Gadkari and Kerala Chief Minister Oommen Chandy to constitute a high-level committee to recommend measurers for the revival of the Vallarpadam International Transhipment Container Terminal (ICTT).
Major ports to double capacity
Union Shipping Minister Nitin Gadkari said Indias 12 major ports will double their cargo handling capacity to 1,600 million tonne per annum (MTPA) in the next five years from the current level of 800 MTPA.
Chennai Port to revive outer harbour project
Chennai Port Trust (ChPT) has decided to revive three major projects. First in the agenda is the revival of outer harbour project. Known as mega container terminal,
Corporatisation of major ports
The Union Government is planning to convert 12 of the 13 major ports into companies to improve efficiency and competitiveness. The ports currently operate as trusts. The shipping ministry has initiated the process for appointing a consultant for corporatisation
Exploitation of CBM
The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas, Dharmendra Pradhan said that in the Budget 2014-15 it is proposed to accelerate production and exploitation of coal bed methane (CBM) reserves.
GVKs Tokisud production
GVK Coal (Tokisud) Company, a subsidiary of GVK Power & Infrastructure Ltd, expects to start coal production at its Tokisud mine in Jharkhand and supply the fuel to the parent companys 540-MW Goindwal Sahib thermal power plant in Punjab by November
Coal India hit by equipment flaws
Coal India Ltd (CIL) is facing the basic problems of not having enough mechanical shovels, dumpers and explosives. The new government, which has a 90 per cent stake in the $40 billion company,
Target set for captive coal mining production
Coal Ministry has set a captive coal production target of 68-million tonne during 2014-15 from all blocks allocated to various companies for own fuel use
Cairn to extend Rajasthan block
Cairn India has sought partner ONGCs nod for extension of the licence of their prolific Rajasthan oil block beyond the contractual deadline of 2020.

