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Dismal performance of ICTT Vallarpadam sparks concern

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).

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Major ports to double capacity

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.

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Corporatisation of major ports

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

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Exploitation of CBM

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.

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GVKs Tokisud production

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

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Coal India hit by equipment flaws

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,

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Cairn to extend Rajasthan block

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.