During a meeting with Planning Commission Deputy Chairman Montek Singh Ahluwalia, Tripura Chief Minister Manik Sarkar discussed the need to expedite critical infrastructure projects in the state. Sarkar informed Singh that some of the critical infrastructure projects likely to be implemented by the central government in the state are behind schedule. The chief minister met the Planning Commission chief to decide the annual plan outlay for state, which was
Tag: infrastructure
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JNPT to award Rs 82 bn terminal project as single contract
Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few
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Mechanisation to raise capacity at Vizag port
The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum, Ajeya Kallam, Chairman of the port informed reporters. The port recently commissioned the Rs 444.1 crore mechanised coal handling facility of Vedanta Resources at VPT. Following this, the outer harbour would be totally clean and prevent vehicular movement which spreads coal parti
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AP govt to ask centre to allot Rs 220 bn for JNNURM-2
Andhra Pradesh Chief Minister N Kiran Kumar Reddy said he would ask the central government to allot Rs 20,000 crore under Jawaharlal Nehru National Urban Renewal Mission-2 (JNNURM-2). Reddy is learnt to have discussed this at a meeting of the state-level steering committee (SLSC). The centre may launch the
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Port sector in India faces key challenges
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
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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