After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaĆās infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.
Tag: Jawaharlal Nehru Port
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Slowdown or consolidation?
After every available rating and analyst firm from Nomura to Dun & Bradstreet and India Ratings expressed a negative outlook on IndiaĆās infrastructure, the inevitable, unpleasant moment arrived when the advance estimates, officially announced early this month, stated that the nation can only achieve 5 per cent growth the current fiscal, the lowest in a decade, and 0.7 per cent lower than anticipated earlier.
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Dredging Corp, ports to raise ` 3,500 cr via infra bonds
Union Shipping Secretary PK Sinha has said that through tax-free infrastructure bonds the Jawaharlal Nehru Port, Mumbai, Ennore Port and Dredging Corporation of India (DCI) will together raise around Rs 3,500 crore.
While JNPT will issue the bonds for Rs 2,000 crore to finance its dredging work, the Ennore Port (EPL) will raise
Rs 1,000 crore for infrastructure augmentation. The DCI will raise Rs 500 crore to procure a new dredger.
The Government, in the previous budget, had allocated Rs 5,00
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JNPT loaded 4.32 mn standard containers
Jawaharlal Nehru Port (JNPT) loaded 4.32 million standard containers from three separate container terminals in 2011-12. Out of this, Gateway Terminals handled 1.89 million standard containers. Gateway is the biggest of the three container loading facilities by volume operating at JN port.
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Deepening of port channel
Jawaharlal Nehru (JN) port will try the annuity payment method to implement the second phase of a project to deepen its channel at an estimated cost of Rs 4,000 crore. The port plans to create a separate fund,
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Mundra lone bidder for chennai terminal
Chennai port's proposed third terminal has received only one price bid, from Mundra Port and Special Economic Zone (MPSEZ) as six groups backed out of the auction to build the Rs 3,686 crore facility.
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Concor depends less on JNPT
Concor's dependency on Jawaharlal Nehru Port has declined following competition from newer ports, Pipavav and Mundra.