Experts feel that the government must take supportive steps to enable the shipping ministry to achieve the project award target for 2012-13. While the ministry aims to award 42 new port projects by the end of March 2013, it has so far awarded 17
Tag: infrastructure
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MTHL comes in the way of JNPT’s proposed terminal
Jawaharlal Nehru Port Trust (JNPT) is reworking the design of its proposed fifth container terminal along with a ship repair facility after it was forced to clear the Mumbai Trans-Harbour Link Project. The port has to look at other alternatives, as the link will now pass through the waters where it had planned fifth terminal, said L Radhakrishnan, Chairman of JNPT. The proposed Mumbai Trans-Harbour Link would pass through the waters of JNPT where the container port was
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MTHL comes in the way of JNPT’s proposed terminal
Jawaharlal Nehru Port Trust (JNPT) is reworking the design of its proposed fifth container terminal along with a ship repair facility after it was forced to clear the Mumbai Trans-Harbour Link Project. The port has to look at other alternatives, as the link will now pass through the waters where it had planned fifth terminal, said L Radhakrishnan, Chairman of JNPT. The proposed Mumbai Trans-Harbour Link would pass through the waters of JNPT where the container port was
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Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore
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Railways hopes to attain investment target in port connectivity projects
Media reports suggest that the Indian Railways is confident of attracting the targeted investment in port connectivity projects during the next five years. The railways set a target of around Rs 5,000 crore investment in port connectivity over the next five years. To begin with, they expect investment worth Rs 3,800 crore
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Experts call for special policies, laws for towns
Experts who attended the recently held Institute of Town Planners India (ITPI) congress called for a series of legislations and policies for the development of towns. For example, the Chief town planner for Gujarat PL Sharma stressed on the need for special legislations in the w
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Lack of civic infra hinders housing projects in SEZs
Real estate developers feel that one of the key impediments in setting up affordable houses in Special Economic Zones (SEZs) is lack of basic civic infrastructure. Developers also opined that the new industrial policy of the Maharashtra government earmarking 40 percent of land for SEZs might not see substantial land being used for housing purposes in Pune district. Maharashtra Industrial Development Corporation (MIDC) feels that majority of the notifi
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World Bank lends $60 mn for water project
World Bank agreed to lend $60 million for the Karnataka Watershed Development Project II (KWDP II), which aims to improve watershed planning and management in project areas. An agreement to this effect was signed between the World Bank and the state government. To be implemented across seven districts of Karnataka, the project will improve government wate
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Minister suggests lenders to offload loans to IDF
Banks must hand over their loan for infrastructure projects to Infrastructure Debt Funds (IDFs) once the projects are completed so that banks can get funds to lend to fresh projects. Finance Minister P Chidambaram suggested this to banks recently. IDF provides long term finance through the lif
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High interest outgo raises loss of GMR Infra
Huge interest outgo crimped the bottomline of infrastructure developer GMR Infrastructure, which posted a net loss of Rs 217 crore during Oct-Dec 2012. The company's interest outgo during the period is said to have risen 24 per cent to a total of Rs 525 crore, reports suggest. It is sitting on a consolidated debt