A study conduced by industry body Assocham found that port sector in India faces issues like uncertain relationship between major and minor ports, delay in clearances. Further, there is a debate on bringing minor ports under regulation of Tariff Authority for Major Ports (TAMP). According to Ravindra Sanareddy, Assocham Chairman (southern region), minor ports should be allowed to come up to a certain level, before bringing them
Tag: infrastructure
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Govt must address huge turnaround time of vessels
A study by the industry body Assocham points out that the government must address the issue of the huge turnaround time at ports in India. The huge turnaround time is cited as one of the biggest handicaps logistics service providers have to deal with, the study finds. It also highlights that the development of port infrastructure in India is not on par with other ports across the
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Ministry wants to expedite Rs 90 bn terminal project
Union shipping ministry wants to expedite the award of the Rs 9,000 crore fourth container terminal project at Jawaharlal Nehru Port Trust (JNPT) in Mumbai. The project has been delayed by more than three years after a consortium of Port of Singapore and ABG Ports exited the contract. The consortium had outbid others then by offering to share more than 50 percent of th
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RMGL expects to commission metro rail project in June
Rapid Metrorail Gurgaon (RMGL) is about to complete work on the metro rail project in Gurgaon and it expects to commission the project in June. The project concessionaire completed work on five out of six metro stations (except Gateway Tower) and has also finished work on signaling, electrification and laying of tracks. Four of the five trains to be pressed into service have arrived at the site from
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Huda sets up new pipeline to raise water supply
The areas facing water shortage in Sector 16 of New Gurgaon areas will get an additional water supply of 5-6 million gallons daily (mn gd) water as the Haryana Urban Development Authority (Huda) laid 2 km long 1,200-mm water pipeline. The pipeline would facilitate additional water supply to the Sector 16 boosting station. The engineers of Huda conducted trial run for a couple of days to flush out the dirty water and clean the pipeline
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$600 mn infra fund to be launched by IL&FS, Stanchart PE
A new infrastructure fund would be launched jointly by Standard Chartered Private Equity and IL&FS Investment Managers with a corpus of around $600 million. This is the second fund being launched jointly by both the firms. The new fund may consider investing in Middle East nations besides investing in Indian
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GPL to begin full-fledged operation soon
Gopalpur Port (GPL) would begin full-fledged operation within a month after rectification of defects, if any, following the test run, a top official of the port said. Since 2010, the port operation had been stopped for its upgradation to an all weather port. Before 2010, the port, located at Arjeepalli was functioning as a seasonal port
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Govt awards water supply infra contracts to SPML
The Rajasthan government awarded a Rs 396 crore contract to SPML Infra for water infrastructure development work in Ratangarh-Sujangarh and Fatehpur-Laxmangarh in Churu district. According to the terms of the contract, the firm has to complete the work in three years. In an official communication, the firm said the new order would help it in building robust infrastructure in providing drinking wate
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State govt must rectify error on metro project
In order to implement the Hyderabad metro rail project successfully, the Andhra Pradesh government will have to rectify the technical error in terms of the Act governing the project. Earlier the Andhra Pradesh High Court said in its order that the project was being wrongly governed by the Tramways Act and unless it is changed to Metro Act it could not be called 'Metro
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Kakinada old port suffers from poor infrastructure
Sources from the Kakinada anchorage (old) port in Andhra Pradesh informed that the infrastructure facilities need to be upgraded to attract more cargo. It may be noted that the port traditionally depends on rice and maize export cargo and volume of these cargoes declined of late