Among other firsts, Vallarpadam ICTT will also trigger a stream of business activities in its immediate neighbourhood. NA Muhammed Kutty, explains why India’s first transhipment terminal will transform the face of the logistics industry.
FlashNews:
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RO-RO service: Another first for India at Vallarpadam
It was not for nothing that Prime Minister Manmohan Singh made a special mention, at the inauguration of Vallarpadam ICTT, of the RO-RO service between Vallarpadam and Bolghatty islands.
Export zones: Need new forms of partnership
With 18 industrial parks, Kinfra still believes that Kerala’s best strengths are not fully harnessed. S Ramnath says that facilitation, rather than incentivisation, will be the strategy to attract investment in the export zones.
Afcons: Connecting a port to the world
One of Afcons Infrastructure’s best known achievements in recent times is the prestigious rail bridge connecting the island Vallarpadam with Idappalli in north Kochi.
Royal Haskoning: Global experience, local application
Royal Haskoning has been active in India since 1950s, and has played a major role in some of the largest ports and industrial projects in the country including Ennore Port and Project Seabird, as well as shipyard developments like DGNP Mumbai, Mazagon Dock and Nana Layia.
Cil ups prices by 12 per cent
Coal India hiked prices of different grades of coal by an average 12 per cent for some of its consumers, increasing its revenue by Rs 6,000 crore a year.
GMR raises Rs 520 cr debt
GMR Infrastructure has raised Rs 520 crore as debt from India Infrastructure Finance Co (IIFCL) for modernising the Delhi International Airport.
PSPCL, Lanco signs MoU
Punjab State Power Corporation (PSPCL) signed a Memorandum of Understanding with Lanco Infratech to set up a 1,320 MW (2x660 MW) supercritical technology based thermal plant at Bathinda.
R-Power borrows Rs 4,000 cr from PFC for its UMPPs
Reliance Power borrowed Rs 4,000 crore from Power Finance Corporation (PFC) to achieve financial closure of two ultra mega power projects (UMPP).
NMPT begins work on berth
New Mangalore Port Trust (NMPT) has commenced construction of berth number 13, which will handle POL (petroleum, oil and lubricant) products at the port..