The Ports Department in Kerala is working out a tie-up between the V.O. Chidambaranar (Tuticorin) Port Trust and the Kollam Port. Director of Ports PI Shiek Pareeth had talks in this connection with Tuticorin Port Trust Chairman S Anantha Chandra Bose recently.
Tag: Kerala
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Petronet LNG may drop Kerala project
Petronet LNG has said it may have to drop the LNG pipeline project in Kerala if outstanding procedural issues are not dealt with in a time-bound manner. According to AK Balyan, MD and CEO, the target was to complete the project by 27 May. Even assuming that the Puthuvype terminal operated at only 30 per cent, it would still earn the state Rs 900 crore to Rs 1,000 crore annually.
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Web portal for project monitoring in Kerala
Kerala has set up a web portal on the lines of the Project Monitoring Group (PMG) of the Cabinet Committee on Investments at the Cabinet Secretariat in New Delhi. The portal will monitor the implementation of projects with an outlay of up to Rs 1,000 crore.
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Aranmula airports green nod cancelled
The National Green Tribunal's verdict cancelling the environmental clearance given to the KGS Group to build the country's first private international airport at Aranmula is a huge setback for the company as well as Kerala government.
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IOC LPG unit near Kochi
Indian Oil Corporation (IOC) has set up a Rs 600-crore import facility at Puthuvypeen near Kochi with a capacity to handle 0.6 million tonne a year to meet the requirements of Kerala and neighbouring states.
The company has also received approval for a 400-km cross-country LPG pipeline from the import terminal to BPCL Kochi Refinery and to Salem via Coimbatore.
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Hike in THC at Vallarpadam
Operator of Vallarpadam port in Kerala, DP World has decided to hike the terminal handling charges (THC) from 1 January. Hence shippers in Kochi will have to shell out more to move their goods. The Tariff Authority for Major Ports (TAMP) has allowed the international container transhipment terminal to increase THC by 3.48 per cent. DP World stated that the proposed hike would be according to the TAMP directive, which approved a 3.48 per cent increase in tariff charges for five years.
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Nod to Kollam, Alappuzha bypass road in Kerala
On a cost-sharing basis between the Kerala and the Union governments, work on the Kollam and Alappuzha bypass of the NH 66 will be taken up on on engineering, procurement and construction (EPC) mode. Tenders for the work were finalised by the National Highway wing of the Public Works Department (PWD).
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Kerala road policy
Kerala Public Works Department is mulling to come up with its State Road Policy to develop a sustainable road network which would meet the traffic requirements of the future. Draft of the policy will be an improvised version of the one prepared four years back. The formulation of Kerala Road Policy will be discussed at the high-level meet of PWD officials.
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Rs. 40,000 cr oil refinery, trading hub in Kochi port
As part of an ambitious deep-water outer harbour project, the Union government-owned Cochin port in Kerala has started work on setting up a 20 million tonne export- oriented oil refinery and oil trading hub with private funds. The port is planning 16-m depth outer harbour, so large petroleum product tankers with a capacity to load 1,30,000 tonne can dock.
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Aranmula Airport should be in the govt sector: Mount Zion
The proposed Aranmula airport project in Kerala should be under the government's purview on the lines of Nedumbassery airport in which the government is the majority shareholder, said Mount Zion Group Chairman Abraham Kalamannil.