A new port in Karnataka Honnavar has been planned by the state government at a cost of Rs 600 crore under public-private partnership (PPP) model.
Tag: Infrastructure Today
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JICA aid to Chennai port
For improving container movement at Chennai Port Trust (CPT), the Japan International Cooperation Agency (JICA) has offered its assistance to the CPT. The move would help the export-import trade plan better and save on time and cost.
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Ennore Port coal berth
By deciding to construct an additional coal berth at a cost of Rs 270 crore, the Ennore Port (EPL) is to take on the competition from the Krishnapatnam and Karaikal ports on the eastern coast of India.
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KPT takes over ABGs KCTPL
Kandla Port Trust (KPT) has secured the Kandla Container Terminal´s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank.
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Tata Technologies to enter healthcare, energy and telecom sector
Tata Technologies, a Tata group's design and engineering arm is all set to enter sectors such as energy including oil & gas, medical devices and telecom.
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State level regulator for water sector soon
With an aim to put more emphasis on water conservation the government chalks out plan to create state level regulator for water. The said regulator will be in charge to manage stress of future water requirements, said a senior Planning commission official.
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Dr. Samantak Das’s reaction on RBI’s decision to hike repo rate
RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth.
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Gujarat Pipavav Port receives interim dividend of Rs 38 million from Pipavav Railway Corporation Ltd
APM Terminals operated Gujarat Pipavav Port (APM Terminals Pipavav), one of Western India's fastest growing gateway ports, received an interim dividend of Rs. 38 million (5%) from Pipavav Railway Corporation Ltd.
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Adani criticises Shipping Ministry over cabotage relaxation to DP World port
Adani Port slams Shipping ministry for allowing cabotage relaxation only to DP world run Vallarpadam Port. The Vallarpadam port had received cabotage relaxation in the year 2012, since then not a single port (including private ports) have not received such facility from the ministry.
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Contract renegotiation may be a reality
The government is considering the introduction of a force majeure clause in public-private partnership projects to allow renegotiation of contracts to revive private participation in infrastructure development and salvage some big-ticket projects.