Union Minister for Shipping GK Vasan said the achievement of his ministry was outstanding during 2012-13, in terms of awarding capacity augmentation projects at major ports. The ministry awarded 32 projects in 2012-13 which will add a capacity of 137 mn mtpa (million metric tonne per annum) at an estimated investment of Rs 6,765 crore. This is the best performance for any year in the
Tag: JNPT
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L&T Ramboll submits DPR for Rs 20 bn terminal project
L&T Ramboll has submitted the draft Detailed Project Report (DPR) for the proposed Rs 2,000 crore marine terminal for liquid cargoes at the Jawaharlal Nehru port near Mumbai. The port has twin berth liquid cargo terminal of BPCL and IOC with a capacity of 5.5 million tonne per annum. It will enhance this quantity to 30 million tonne per annum. The proposed terminal would cater to liquid cargo
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DP World to sign concession agreement with JNPT
Following the resolution of environment issues, DP World would sign concession agreement with the Jawaharlal Nehru Port (JNPT) for setting up a 800,000 TEU container terminal. The Rs 1,000 crore project was awarded to DP World in October last year after the firm agreed to share 28.09 per cent of the revenue with JNPT
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JNPT, ministry discuss Rs 8 bn project
Union Shipping Ministry and the Jawaharlal Nehru Port Trust (JNPT) are discussing the hurdles in implementing the Rs 800 crore container terminal project at the port. Last year, Dubai Ports World (DP World) was awarded the contract for setting up the terminal which will have a capacity to load 800,000 containers a year. DP World agreed to share 28.09 percent of its annual reve
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Chabahar port may be beneficial for India
Indian government feels that the use of Chabahar port in southwestern Iran may be beneficial for the country as it would provide easier access to Afghanistan. India, Iran and Afghanistan have an agreement on preferential treatment and low tariffs for goods moved through Chabahar port, which also has a free trade and industrial zone in its vicinity
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Dighi Port to invest upto Rs 18 bn to develop infrastructure
Dighi Port, the first and the largest greenfield port of Maharashtra, is located at a distance of 42 nautical miles (NM) from Mumbai Port and 170 km south of Mumbai by road.
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JN Port to take steps to kickstart Rs 8 bn project
The board of the Jawaharlal Nehru Port Trust (JNPT) would soon take a decision to break the deadlock on the Rs 800 crore container loading facility project to be developed by DP World. The proposed facility, with a capacity to load 800,000 standard containers a year, is key to JN PortĂâs expansion plans
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Some experts support splitting Rs 82 bn project
Even as the board of the Jawaharlal Nehru port (JNPT) decided to award the Rs 8,200 crore container terminal project through a single tender, some experts support the earlier decision of splitting the project. The earlier decision to split the contract into two was supported by the trade, terminal operators and consultants alike. They felt that splitting the project into two
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JNPT asks trade bodies to nominate members
Jawaharlal Nehru Port Trust (JNPT) asked trade associations to nominate their representatives in the board of the port as the tenure of the earlier board of trustees with 16 members ended on 31 March. The board of trustees of JN Port is constituted by the government for a two-year term. Currently, the board has only seven members and hence the authority asked vario
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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