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VPT to rope in consultant for Bheemili port project

VPT to rope in consultant for Bheemili port project

Visakhapatnam Port Trust (VPT) plans to rope in a Delhi-based consultant firm, Aecom, for preparing a detailed feasibility report (DFR) for the proposed satellite port at Bheemili. In 6 months time, the consultant firm may submit its report after studying topographical, hydrological and other relevant aspects like projected traffic after two decades

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Odisha has 2nd largest share in completed PPP projects

Odisha has 2nd largest share in completed PPP projects

As on April 30, 2013, Odisha had about 17 per cent share, in value terms, among all the completed public-private partnership (PPP) port projects across the country. This is the second highest share, after Gujarat, in the completed port projects across the country. Odisha had two completed port projects worth over Rs 4,100 crore under PPP as on April 30, 2013, a report from Assocham show

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Ennore port may allow bidder to decide on project

Ennore port may allow bidder to decide on project

Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest

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Chabahar port may be beneficial for India

Chabahar port may be beneficial for India

Indian government feels that the use of Chabahar port in southwestern Iran may be beneficial for the country as it would provide easier access to Afghanistan. India, Iran and Afghanistan have an agreement on preferential treatment and low tariffs for goods moved through Chabahar port, which also has a free trade and industrial zone in its vicinity

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Panel to clear highway projects less than Rs 5 bn

Panel to clear highway projects less than Rs 5 bn

Highway projects worth costing less than Rs 500 crore may be approved by the Standing Finance Committee chaired by the union road transport and highways secretary. A proposal to this effect was approved by the Cabinet Committee on Economic Affairs (CCEA) recently. A statement released by CCEA said the committee will clear all p

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CREDAI requests govt to promote affordable housing

CREDAI requests govt to promote affordable housing

Real estate body CREDAI requested government to promote housing particularly affordable segment by scrapping the floor space index (FSI) restrictions and allowing vertical buildings. Lalit Kumar Jain, Chairman of CREDAI and CMD Kumar Urban development opined that this would enable the government meet the ever rising demand for housing in Mumbai which is facing tremendous land

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Panel probes charges against Krishnapatnam port

Panel probes charges against Krishnapatnam port

A Supreme Court-appointed committee is probing the alleged violation of environment permissions and encroachment of assigned land by Krishnapatnam port in Andhra Pradesh. The Central Empowered Committee (CEC) appointed by the apex court visited the port to inquire into the allegations against Nellore district administration and the port

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Kollam port fails to attract cargo vessels

Kollam port fails to attract cargo vessels

Kollam Port, which was set up at a cost of Rs 50 crore some years ago, failed to attract cargo ships so far. Some reports attribute the poor traffic at the port to lack of proper road connectivity and local resistance to any development programme. Kerala government set up Kollam port within the Tangasseri breakwater complex and inaugurated it in 2007

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Siemens to set up conveyor systems

Siemens to set up conveyor systems

Siemens will set up conveyor systems to carry iron ore from the stockyard belonging to Rio Tinto in Australia to the loaders at a port in the northwest region of the country. Siemens roped in an engineering firm Sinclair Knight Merz to provide conveyor systems for the project. Siemens would commission three conveyors in August and another five in 2014 while delivery is underway for t

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Shipping industry oppose various charges at ICTT

Shipping industry oppose various charges at ICTT

Shipping industry sources allege that the charges collected by DP World for its various services offered by it at Vallarpadam ICTT (International Container Transshipment Terminal) may drive away trade from Kochi. DP World, which operates the terminal, is said to be collecting Rs 500 per 20 ft container for the pre-shipment facility, against the earlier Rs 22 per container at th