The nations involved in the proposed IMEC collectively account for nearly half of global GDP, totalling $47 trillion. Therefore, to fully unlock the benefits of this multilateral initiative of immense geopolitical significance, they must work towards resolving security concerns and harmonising trading regulations, writes Manish Pant. Experts often refer to the proposed India-Middle East-Europe Economic...
Tag: Kandla
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Building the Blocks
The importance of quality infrastructure and the development of an economy have an umbilical cord binding them and can never be seen in isolation. Broadly, infrastructure is the network of power, telecom, ports, airports, roads, civil aviation, railways, and transportation in a country and is the lifeline of the economy of a country.
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India´s Central Asia dreams to set sail from Chabahar
In what was arguably the most important foreign visit of the year for Prime Minister Narendra Modi, he signed a dozen deals with Iran. Emerging from decades of sanctions, Iran could soon be the most happening place for trade in the near future. Modi signed deals covering exchange visits by think tanks to a trilateral agreement between India, Afghanistan and Iran for a trade treaty to develop the Chabahar port.
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IOC sells rare Kandla cargo
Indian Oil Corporation has sold 18,000-20,000 tonnes of naphtha for Oct 29 to Nov 3 loading from Kandla after cancelling a previous tender for the same cargo due to low bids, traders said.
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Eventful journey ahead
After a hiatus in 2014, there are emerging signs of takers for PPP projects in some of the sectors, including ports. Baring some shortcomings, PPPs have achieved resonable success rate. However, it is too early to say that they have been a grand success.
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KPT bags quality award
Kandla Port Trust (KPT) has won the Quality Mark Awards 2014, organised by Quality Mark Trust. It was adjudged the best for its quality services in the ports and shipping category.
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Poor hinterland connectivity is affecting speedy cargo movement
Arvind Mahajan, Partner and Head-Infrastructure and Government Services, KPMG Advisory Services Private Limited, interacts with Janaki Krishnamoorthi on the constraints and issues that need to be addressed in the Indian port sector.
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CCEA approves five port expansion projects
The Cabinet Committee on Economic Affairs (CCEA) has approved five projects involving an investment of over Rs 17,630 crore to increase the capacity of major ports, a government release said. These five projects are at an advance stage of tendering and are expected to be awarded by the end of March. Of the five projects approved, four are container terminals and one is a multi-purpose cargo berth project in Mumbai port.
The four container terminals are proposed in the major ports of Kandla (wit
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Adani projects flounder on security
The Adani Group-promoted Mundra Port SEZ has not been able to bid for at least four major port projects because of the Centre withholding security clearance.
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Rs 10k cr expansion stalled
Expansion projects worth close to Rs 10,000 crore have been stranded, awaiting environment clearances.
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