Tuticorin Port Trust (TPT) was seeking assistance of Rs 2,800 crore from Official Development Assistance (ODA) of Japan to develop the outer harbour project, proposed three years ago.
Tag: investment
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Vodafone the winner in Essar JV tussle
Essar has abandoned plans to inject part of its 33 per cent stake in the Vodafone Essar venture into a listed shell company, after objections by its partner, Vodafone.
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Ports and the state go together
You can see Kerala’s maritime initiatives brewing: In September last year, the cabinet approved a Maritime Board for the state, PPP bids are on, and the stage is now set for the state to see the projects through and to consolidate.
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Many plans in this pipeline
The discovery of gas in the KG Basin has not only changed the nation’s energy vision, but its strategy to transport gas, the old new kid on the block, says Daya Kingston.
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Captive coal blocks: Capturing future scarcity today
The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.
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UP to invite bids for solar
Uttar Pradesh government will float bid document to attract private investment in solar to supply energy.
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On an infrastructural upswing
The state government states that the growth rate of the state has been growing close to nine per cent, and very soon Kerala will become the fastest growing state in the country.
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Export zones: Need new forms of partnership
With 18 industrial parks, Kinfra still believes that Kerala’s best strengths are not fully harnessed. S Ramnath says that facilitation, rather than incentivisation, will be the strategy to attract investment in the export zones.
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Maha reviews policies
Maharashtra government plans to review its Special Economic Zone (SEZ), land acquisition and industrial policy.
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Min okays Rs 50,000 cr electric fund
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.